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Tds on lucky draw

This query is : Resolved 

22 January 2019 Dear Sir/Madam,

One of corporate assessee conduct lucky draw among their Employees and Dealers for achieving target.
in lucky draw few dealers win Car and bikes (amounting Rs. 1,00,000 above)
i have a doubt whether company required to deduct tds or collect tds amount from dealers

please suggest me along with case law, if any.


Thanks in advance

22 January 2019 Please reply to my query as it urgent for me

29 January 2019 PLEASE REPLY TO MY QUERY AS IT IS URGENT FOR ME


27 September 2021 General practice is to collect TDS amount from the winners, before handing over the prize.



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