194B On Prize

This query is : Resolved 

25 June 2024 A company has agreement with a TV channel that the company will give Rs 1 lakh to the winner of the dance show.
Is 194 B applicable. Please suggest.

25 June 2024 Yes, applicable.

26 June 2024 Is entertainment tax applicable.


26 June 2024 Depends upon the state levying the tax.

29 August 2024 Good Luck.



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