Threshold for TDS levy on net winning from online gaming at Rs 100: CBDT

The Central Board of Direct Taxes (CBDT) has notified Rule 133 of the I-T Rules defining the manner and procedure for deduction of the TDS. Net winnings of an online gamer would be calculated after subtracting the total deposits and opening balance in the user account from the amount withdrawn.

from News-Economic Times https://ift.tt/KQlhHtn