Hello frnds,
if someone wins 5 crore from KBC how tax would be calculated ?
or IF winner does not have PAN no.than how tax would it be calculated
CA Pallav Singhania
(IT System Auditor)
(33262 Points)
Replied 12 September 2011
if the winner has no pan card than he have to wait till 21 days...and after that we will get the 3.5 crores rupees...
1.5 crore will be taxed in the name of TDS....
@ 30% flat rate
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 13 September 2011