Do I have to pay TDS on my entire 'net winnings from the beginning of the financial year' at each Redeem?
If my 'Net Winnings' are reduced by the end of the financial year, will A23 give a refund of the TDS already deducted?
If your net winnings reduce or become negative at the end of the financial year, you can file your tax returns and claim refunds from the income tax department depending on your overall tax liability. For more information, please contact your tax adviser.
A23 will provide the TDS Certificates so you can file your tax returns. However, A23 will not refund any excess TDS to the players.