Is there a CA who has expertise in filing ITR with profit/ loss from Online gaming and refund for TDS deducted in this regard ?
Please contact me urgently as I need to revise my ITR in this regard.
4 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 14 March 2022
On gamings maximum tds rate may be considered.You may have to pay cess .You don't get any refund unless your GTI is less than 2.5lacs
Siddique Mirajwale
(2 Points)
Replied 14 March 2022
Hello I'm a gamer and qualified Chartered Accountant. Reach me out here casiddiquemirajwale @ gmail.com
rahul firemike
(99 Points)
Replied 17 March 2022
Online betting games like d11, rummy circle, fab 11 has to mandatoriky deduct tds when their winning amount is greater than 10,000 at the rate of 30% + 4% cess in addition to that in total 31.2% as per 194b, A person winning those lottery games has to file his itr by showing that income on other source column and use those tax already deducted for paying tax
contact: happytaxconsultancy @ gmail.com for help
contact: happytaxconsultancy @ gmail.com for help
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 17 March 2022
There won't be any refund since no expenses are allowed against winnings
Recent Topics
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
Related Threads
CAclubindia
