Commission, remuneration or prize on stocking, distributing, purchasing or selling lottery tickets
- Rate
- 2%
- Threshold
- ₹20,000
- Who deducts
- Any person
- 1961 Act
- Section 194G
Section finders.393(3) [Table: Sl. No. 4]Act page 481
Section 194G in the Income-tax Act, 2025
The answer
Section 194G of the Income-tax Act, 1961 is s.393(3) [Table: Sl. No. 4] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
As enacted
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 481. This page sets out the Table entry as read from the Act; read the section and the Notes to its Table before relying on it for a return or an opinion.
Questions this answers
What is section 194G called in the Income-tax Act, 2025?
Section 194G of the Income-tax Act, 1961 is s.393(3) [Table: Sl. No. 4] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
What is the TDS rate and threshold under s.393(3) [Table: Sl. No. 4]?
Rate: 2%. Threshold: ₹20,000. It covers: Commission, remuneration or prize on stocking, distributing, purchasing or selling lottery tickets.