Tds on winnings in card game

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Anil Talluri (Querist)
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20 March 2017 Dear All,

I used to play in few rummy websites where Ive lost more than profit. I've got 30% TDS deductions has happened on winnings when it is more than 10000 based on 194b section.I've received 16A forms from those websites. What are the further steps to be taken in getting this money back

CA Shubhanshu Jain

CA Shubhanshu Jain (Expert)
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20 March 2017 Any type of winnings from card game,game show is treated as casual income taxable at flat 30% and exemption of Rs. 250000 does not applies to such income, for claiming this you have to file your income tax return, and note one thing you will not going to receive that money back but the same is get adjusted from your actual tax liability. Suppose TDS deducted on winning from card game is Rs. 21000. If your total tax liability is less than 21000 you will get refund of balance amount, on the other hand if same is more than Rs. 21000 you have to pay balance amount.

Casual income -