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- 12. Person Responsible to Deduct: Any person paying the sum by way of Winning Lottery, Cross Word, Puzzles, Card Games. Category of Payee : Applicable to all Assesses. Rate of deduction : 30% + 10% + 3%. Limit : Each payment exceeding Rs.5,000/- Time of Deduction : Before realizing the Prize. NEXT
- 17. Person Responsible for Deduction: Any Person Rate : 10% + 10% + 3%. No TDS : If the Amount paid is Less than Rs.1,000. NEXT
- 20. Nature of Payment: Paying compensation (or) enhance compensation, consideration on account of compulsory Acquisition under any law other than Agricultural Land. Category of Payee : Resident assesses. Rate : 10% + 10% + 3%. NEXT
- 26. TDS and amount of Interest shall be charge up on all the assets of the person or company responsible to deduct and remit tax
- 28. It is the responsibility of the receiver of Payment i.e., seller of a particular commodities to collect from Buyer (Payer). NEXT