It is because at RWITC they deduct your total investment Rs 3600 from the dividends (11000-3600) and consider balance 7,400 as taxable. Since upto 10,000 is exempted from tax, you got entire amount.

Other Race Clubs authorities are boneless chickens, they have no guts to question the IT department of their area.

Law :Amount is taxable  if your income exeeds 10000

Ithink Mumbai and hydHydera are not clear about the law.there are two interpretation

1)In Hyderabad they are practicing whole amount taxable after 10000

2) while Mumbai is practicing amount exceeding 10000 is taxable

My observation is :hydrqbad is correct

Lucky Laxman: I got your point but Tote, Manager of HRC  Or Financial Consultant or Auditors of HRC can better clarify this point with legal provision. But as you said  either HRC is wrong or RWITC  is wrong. To the best of my knowledge and experience I can say what RWITC is doing is correct.

Mr. Sharmaji, u didn't catch my point, if the JP amount of RS.11000/- would have been in Hyderabad, the entire amount after deduction of R's, 5/- is taxable and will get the deduction of 3300/- or so. Where as in pune or mumbai for the same amount of 11000/- only R's. 1000/- is taxable after the deduction of the ticket price. That may be only 300/- why in RWITC 300/- and Hyderabad 3300/- when the taxation rules are unique. 

The simple, normal and standard procedure for tax calculation is amount exceeding 10,000/_ is liable for tax excluding your investment of RS 10/ other than hyderabad because_ that is your investment not income.  If you have taken permutation/ combination ticket also your investment of one single ticket RS 5 at hyderabad and RS 10 at other centres will be taken in to a/c for tax exemption purpose plus 10000/_ for which you are eligible for no deduction. Payment through cheque for amounts on 10 thousand plus is  mandatory. But if you are not able to collect or residing at other venue you left with  options 1) you can request for despatch by speed post or courier. 2) you can give Authorization to other person who can collect the same on your behalf 3) you can sell your ticket, normally such tickets are purchased by other persons including bookies to make your task easy.

I have invested Rs 7500/  JP Mumbai Dervy , last leg I had 7 banker ,  I  bought the ticket from Delhi Tote counter, the dividend declared amount  Rs 11,080/ . The Tote clerk requested me to collect the cheque after 4 to 5 working days . I am from Kolkata , I have to wait for 4 days to collect the cheque . It is really painful to invest money in Tote . I have seen ad , MAKE HABIT BACKING IN THE TOTE. 

What they are doing in Hyd is wrong and you should agitate the TDS from them. Since you wagered Rs. 3600; this amount is deducted from your winnings and since the net is below the threshold for TDS, no deduction is rightly done.

However, when you file your I.T. return, you have to disclose tthis win/amount unless you can lead evidence of losses.

Cheers