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10:56 · Go to channel · Today Start 30% Tax Cut in Dream11

TDS stands for Tax Deducted at Source in the context of the Indian Income Tax Act It is a method by which certain defined payments are subject to tax deduction As per Section 115BBJ, the amount of income tax calculated on net winnings from online games during the previous year will be charged at the

belagavi city corporation Prize Money from Dream11 is taxable under Section 56 of the Income Tax Act, 1961 The Winnings Lottery, Online Games etc shall be taxable for tax deducted at source to be charged 30 percent on every win from 1 april 2023 here is the calculation