CBDT Circular on Section 194B Of The Income-Tax Act, 1961 – Deduction Of Tax At Source-Winning From Lottery Or Crossword Puzzles – Instructions For Deduction Of Tax At Source From Winnings From Lottery, Crossword Puzzles Or Horse Races – Rates Of Tax Applicable During The Financial Year 1990-91

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SECTION 194B OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE-WINNING FROM LOTTERY OR CROSSWORD PUZZLES – INSTRUCTIONS FOR DEDUCTION OF TAX AT SOURCE FROM WINNINGS FROM LOTTERY, CROSSWORD PUZZLES OR HORSE RACES – RATES OF TAX APPLICABLE DURING THE FINANCIAL YEAR 1990-91 CIRCULAR NO. 569, DATED 27-7-1990 1. Reference is invited to this department’s Circular…

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