Ask Money Today: How is lottery prize taxed?

No, you cannot claim a refund of TDS under Section 194B, as it is a straight income tax on the income of the assessee Should tax be deducted

TDS refund status: TDS refund is claimed when tax deducted is higher than tax liability This guide will help you understand the TDS refund

caning experience The recipient has to furnish them with the PAN card In case the one is not liable to tax, the refund of this tax deducted can be claimed by filing an income

can christians play the lottery The EDD can collect unpaid debt by reducing or withholding the following: Federal income tax refunds; State income tax refunds; State Lottery winnings; Funds