Understanding Section 194B of the Income Tax Act

Section 194B specifies a rate of %, to be deducted by the prize-paying authority before disbursing the winnings to the winner Q4 Under

194B of the Act casts a duty on the payer to discharge the tax liability on such income by deduction of tax at source before paying the winnings to

194b SECTION 194B Provider approval View history reference Provider approval 194B The Secretary may approve a provider for the purposes of the family

194b In reference to the Section 194B of the Income-tax Act, 1961 , the Minister stated that the person responsible for paying to any