No TDS u/s. 194G on Sale of Lottery Ticket by Agent to Sub-Agent

ACIT Vs Smt. Biji Suresh (ITAT Cochin)

The provisions contained in section 194G of the Act provides for deduction of TDS by any person who is responsible for paying to any person, who is stocking, distributing, purchasing or selling lottery tickets, any income by way of commission, remuneration or prize on such tickets, at the time of credit of such income to the account of the payee.

The said section 194G has to be read as a whole and the requirement of deduction of tax will only arise when there is a payment of income by way of

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