Section 194B - Winnings from lottery or crossword puzzle, etc. - Income-tax Act, 1961

1 [ 7 [Winnings from lottery or crossword puzzle, etc.] 194B. The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle 2 [or card game and other game of any sort] 8 [ or from gambling or betting of any form or nature whatsoever, being the amount or the aggregate of amounts exceeding ten thousand rupees during the financial year ] shall, at the time of payment thereof, deduct income-tax thereon at the rates in force : 4 [***]] 5 [Provided 6 [***] that in a case where the winnings are wholly in kind or partly in cash and partly in kind but the part in cash is not sufficient to meet the liability of deduction of tax in respect of whole of the winnings, the person responsible for paying shall, before releasing the winnings, ensure that tax has been paid in respect of the winnings.] 9 [ Provided further that nothing contained in this section shall apply to deduction of income-tax on winnings from any online game on or after the 1st day of April, 2023. Explanation . For the purposes of this section, online game shall have the meaning assigned to it in clause (iii) of the Explanation to section 115BBJ. ] --------------------- Notes :- 1. Inserted by the Finance Act, 1972, w.e.f. 1-4-1972. 2. Inserted by the Finance Act, 2001, w.e.f. 1-6-2001. 3. Substituted for one thousand rupees by the Finance Act, 1986, w.e.f. 1-6-1986. Further substituted vide Finance Act, 2010 with effect from the 1st day of July, 2010, before it was read as five thousand rupees 4. The first proviso omitted by the Finance Act, 1999, w.e.f. 1-4-2000. Prior to its omission, the first proviso read as under : Provided that no deduction shall be made under this section from any payment made before the 1st day of June, 1972: 5. Inserted by the Finance Act, 1997, w.e.f. 1-6-1997. 6. Word further omitted by the Finance Act, 1999, w.e.f. 1-4-2000. 7. Substituted vide THE FINANCE ACT, 2023 dated 31-03-2023 w.e.f. 01-04-2023 before it was read as, Winnings from lottery or crossword puzzle. 8. Substituted vide THE FINANCE ACT, 2023 dated 31-03-2023 w.e.f. 01-04-2023 before it was read as, in an amount exceeding 3 [ten thousand rupees] 9. Inserted vide THE FINANCE ACT, 2023 dated 31-03-2023 w.e.f. 01-04-2023