Section 194BA - TDS on Winning from online games (as amended by Finance Act 2025)

• Applicability

Any person responsible for paying to any person any income by way of winnings from any online games during the financial year shall deduct income tax on net winnings in his user account, computed in the manner as may be prescribed, at the end of the financial year.

Provided that, if there is a withdrawal from user account during the financial year then the income tax shall be deducted at the time of such withdrawal on the net winnings included in such withdrawal as well as at the end of financial year on the remaining amount of net winnings in the user account.

• Rate of TDS

TDS will be deducted at the Rate in force.