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What Is Section 194B & 194BB
Guides, Section 194B & Section 194BB, TDS

In this part of our TDS series, we will discuss the concept of 2 important sections of the tax deduction, which are:TDS on Winnings from Lottery or Crossword Puzzles: Section 194B: TDS on Winnings from Race Horses: Section 194BB: Section 194B: TDS on Winnings from Lottery or Crossword PuzzlesHave you ever wondered about people who win money on game shows like Kaun Banega Crorepati, Bigg Boss, Indian Idol etc pay tax or not? Do they take the whole money home?The answer is NO. This is where the concept of TDS u/s 194BSEE DETAILS

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Guides, Section 193, TDS

In this part of our TDS series, we will discuss the concept of Section 193 of the tax deduction, that is: TDS on Interest on Securities: Section 193So let’s roll & understand this TDS concept in a simplified manner.Section 193: TDS on Interest on SecuritiesThe first thing which comes to everyone’s mind is “what is interest on securities?”. As per section 2(28B) of Income Tax Act, “interest on securities” means any interest on security (issued by the government whether state or central) and interest on debentures/securities (issued by the company aSEE DETAILS

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