Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Income-tax
As per the provisions of section 194B, if a person pays any income derived from winning lottery or crossword puzzle or card game and any other game to any other person, whether resident or non-resident, the rate of ______ It is necessary to deduct income-tax on that amount if the amount of payment exceeds ______.
1
10 percent, Rs. 30,000
2
30 percent, Rs. 10,000
3
10 percent, Rs. 10000
4
20 percent, Rs. 10000