Khelo365
  • Players : 665
  • Tables : 25

TDS Policy


As per section 194B of the Income Tax act any winnings from Card Games which is more than Rs 10,000 in a Financial year will attract TDS @30%.

TDS will be calculated as per current Financial year from 1st April 2019 to 31st March 2020.

TDS is calculated as per below calculations.

  1. If (Current Financial Year deposits minus Current Financial Year cashouts (including current cashout request) if Deposits are higher than Cashouts then no TDS will be deducted.
  2. If (Current Financial Year a Players deposits minus Current Financial Year Players Cashouts (including current cashout request) if Cashouts are higher than Deposits by 10,000/- then TDS will be charged @30%.
  3. Whatever Tds is deducted will be paid to Income Tax Department as per Player PAN details. Players can check TDS amount paid on the Income Tax website.

* Please note only 1 Cashout Request can be placed per day.