Section 194B:
Winnings from lottery or crossword puzzle.
1The 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 in an amount exceeding 3
ten thousand rupees shall, at the time of payment thereof,
deduct income-tax thereon at the rates in force:
4
* * * * *
56
Providedthat 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.
Notes:
1. Ins. by Act 16 of 1972, s. 28 (w.e.f. 1-4-1975).
2. Ins. by Act 14 of 2001, s. 70 (w.e.f. 1-6-2001).
3. Subs. by Act 14 of 2010, s. 35, for “five thousands rupees” (w.e.f. 1-7-2010). Earlier substituted by Act 26 of 1986, s.
30, for “one thousands rupees” (w.e.f. 1-6-1986).
4. The proviso omitted by Act 27 of 1999, s. 70 (w.e.f. 1-4-2000).
5. Ins. by Act 26 of 1997, s. 48 (w.e.f. 1-6-1997).
6. Subs. by Act 27 of 1999, s. 70, “Provided futher that” (w.e.f. 1-4-2000).