As per the Government Policy under Section 194B of the Income Tax Act any user willing to withdraw INR 10,000 or more is liable to pay 30% tax.
TDS Rule on Poker Dangal :
There is no TDS deduction on any withdrawal less than INR 10,000 in a single day.
Any amount used on tables along with winnings become liable to tax.
For Cash Tables :
Let's say a user deposits INR 20,000 but uses only 10,000 to play on a table. If the user wins INR 20,000 on top of that on the table then his total balance becomes INR 40,000. If the player wants to withdraw the whole amount then 30 % TDS will be applicable only on INR 30,000.
For Tournament winnings :
Let's say a user Buy’s a ticket for INR 550 for a 50K GTD tournament and wins it for the prize amount of INR 20K. If the user is willing to withdraw the whole amount in a single day then 30% TDS will be deducted on INR 20,000.
Promotions for TDS :
A 50% TDS refund will be given to all users in terms of Promotional Chips (Real Cash Bonus).
*Please note the TDS refund promo chips will be added to the user’s account within 24 hours.