The Central Board of Direct Taxes (CBDT) has notified the Notification No. 28/2023 in which there has been an amendment in Section 194N, prescribing the method of TDS deduction in Section 194BA on online gaming and changes proposed in Form 16 for AY 2024-25 and onwards.
In addition to the Notification, a Circular has been issued on 22nd May 2023 in which various questions have been answered regarding the TDS on online gaming.
To view and download the Notification, click here
