Tds on winnings

Akhil (Student CA ) (1005 Points)

27 July 2023

tds not deductedon winnings from card games....should i reporrt it or not in ITR....will they deduct in future?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177721 Points)
Replied 27 July 2023

Is the prize amount below Rs. 10,000/?

Akhil (Student CA ) (1005 Points)
Replied 01 August 2023

@ dhirajlal sir.....prize amt is above 10k...that is 49k

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177721 Points)
Replied 01 August 2023

It is mandatory to deduct TDS for winning on card games. Just inquire with the client for any tds deduction by the programmer in future.

You need to declare in ITR and pay tax over it without any deductions.

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