Refund of Tds on winning prize

If the Prize money exceeds Rs 10, 000, then the winner will receive the prize money after the deduction of TDS @ 30.9% u/s 194B.It does not matter whether the income of the winner is taxable or not. The prize distributor is liable to deduct tax at the time of payment.

No deduction u/s sec 80C or 80D or any other deduction/allowance is allowed from such income. The Benefit of basic exemption limit and income tax slab rate is also not applicable to this income. The entire amount received will be taxable at the flat rate of 30.9%.