Is TDS applied if I have net losses? No TDS will be applicable in case of net losses at the time of withdrawal or at the end of the financial year. In case you need any further help, contact us here. Related articles How is TDS calculated? Is there any threshold amount above which the TDS will be deducted? Is there any TDS if I don’t withdraw money in the entire financial year? Is tax deducted on winnings? Will my account balance, held till 31 March 2023, also get affected?