tec

The Esports Club(TEC) is a platform with the sole aim of powering esports experiences.

PRIVACY POLICY

The Esports Club (TEC) is committed to protecting the privacy of its users. This Privacy Policy outlines how personal information is collected, used, and shared on the website.

INFORMATION COLLECTION:

By accessing or using the website, you indicate your acceptance of this Privacy Policy, the Terms of Use, and any applicable Subscriber Agreement, all of which are available on the website. These documents establish a mutual agreement between the user and The Esports Club, outlining the rights and responsibilities of each party. Accessing and using the website is solely at the user's discretion and risk.

USE OF COOKIES:

TEC uses cookies to enhance the user experience and provide personalized features. Cookies help save user preferences, analyze interactions, and deliver targeted advertisements. Users can manage their cookie preferences through their browser settings.

GOOGLE ANALYTICS:

The website utilizes Google Analytics to track and monitor website traffic. Google Analytics may collect data for advertising personalization and share this information with other Google services.

USE OF INFORMATION:

  • Provide and manage requested services.
  • Communicate offers, updates, and relevant information.
  • Customize advertisements and user experience.
  • Analyze user demographics and behavior.
  • Protect the rights and security of the website and its users, subject to user consent.

TEC uses the collected information to:

  • Provide and manage requested services.
  • Communicate offers, updates, and relevant information.
  • Customize advertisements and user experience.
  • Analyze user demographics and behavior.
  • Protect the rights and security of the website and its users, subject to user consent.

SHARING OF INFORMATION:

TEC may share user information with social media services, business partners, service providers, affiliates, and third parties involved in content delivery and advertising. In certain cases, information may also be shared in connection with corporate transactions. Anonymous or aggregated data may be shared for research, analytics, or other purposes.

FIRST PARTY ADVERTISING:

TEC may use collected data to personalize first-party advertisements displayed on the website and partner platforms.

TRANSFER OF PERSONAL DATA:

User information, including personal data, may be transferred and stored on servers outside the user’s jurisdiction. TEC uses trusted service providers such as Amazon Web Services (AWS) for data storage. These providers have their own privacy policies governing data security and protection.

CHILDREN’S PERSONAL DATA:

TEC does not knowingly collect personal data from children under the age of thirteen. Some services on the website may have age restrictions, and parental consent may be required for minors to access certain features.

DATA RETENTION:

  • Provide services.
  • Fulfill contractual obligations.
  • Comply with legal requirements.
  • Serve legitimate business purposes.
Once data is no longer required, it is either securely deleted or anonymized.

TEC retains user information for as long as necessary to:

  • Provide services.
  • Fulfill contractual obligations.
  • Comply with legal requirements.
  • Serve legitimate business purposes.
Once data is no longer required, it is either securely deleted or anonymized.

TDS DEDUCTION POLICY

  1. Applicability of TDS on Prize Money
    • TDS (Tax Deducted at Source) is applicable on all prize money payouts, irrespective of the amount won.
    • This is in accordance with the Income Tax Act, 1961, specifically:
    • Section 194B – for winnings from games, quizzes, lotteries, etc.
    • Section 194BA – applicable to winnings from online games, which mandates TDS without any threshold.
    • TEC applies a flat TDS rate of 31.2% (inclusive of surcharge and cess) on the gross prize money earned.
  2. Threshold Exemptions Not Applicable
    • Participants should note that no minimum threshold exemption applies, even if the prize money is less than ₹10,000.
    • This is due to the mandatory nature of Section 194BA, and to ensure consistency in tax compliance across all prize disbursals.
    • TDS is deducted on each prize transaction individually, not cumulatively.
  3. Consent for TDS Deduction
    • By agreeing to these Terms and Conditions, the participant explicitly consents to the deduction of TDS by TEC on any prize money won.
    • This consent applies to all current and future tournaments organized by Basik Marketing Private Limited under the TEC brand.
  4. TDS Deposits and Form 26AS Credit
    • The deducted TDS amount will be deposited with the Government of India within the timelines prescribed under applicable tax laws.
    • The same will be reflected in the participant's Form 26AS, accessible through their PAN account, after the relevant quarterly TDS return is filed and processed by the Income Tax Department.
    • Participants must ensure that they provide a valid and accurate PAN number to avoid any issues with credit of TDS.
  5. No Responsibility for Individual Tax Positions
    • Basik Marketing Private Limited will not be responsible for:
    • A participant's individual tax liability or filing obligations.
    • Refund expectations or claims related to excess tax deductions.
    • Delays or errors in TDS credit due to incorrect or missing PAN details provided by the participant.
    • Participants are encouraged to consult a qualified Chartered Accountant or tax advisor for guidance on their personal tax matters.
  6. Non-Acceptance of Terms
    • If a participant does not agree with this TDS policy, they are advised not to register for or participate in any TEC tournament.
    • By proceeding with registration and accepting prize money, the participant automatically consents to these terms and waives any right to dispute the tax deduction at a later date.

By registering for and participating in any tournament, competition, or contest organized by The Esports Club (TEC), operated by Basik Marketing Private Limited, each participant acknowledges, accepts, and agrees to the following tax-related terms:

  1. Applicability of TDS on Prize Money
    • TDS (Tax Deducted at Source) is applicable on all prize money payouts, irrespective of the amount won.
    • This is in accordance with the Income Tax Act, 1961, specifically:
    • Section 194B – for winnings from games, quizzes, lotteries, etc.
    • Section 194BA – applicable to winnings from online games, which mandates TDS without any threshold.
    • TEC applies a flat TDS rate of 31.2% (inclusive of surcharge and cess) on the gross prize money earned.
  2. Threshold Exemptions Not Applicable
    • Participants should note that no minimum threshold exemption applies, even if the prize money is less than ₹10,000.
    • This is due to the mandatory nature of Section 194BA, and to ensure consistency in tax compliance across all prize disbursals.
    • TDS is deducted on each prize transaction individually, not cumulatively.
  3. Consent for TDS Deduction
    • By agreeing to these Terms and Conditions, the participant explicitly consents to the deduction of TDS by TEC on any prize money won.
    • This consent applies to all current and future tournaments organized by Basik Marketing Private Limited under the TEC brand.
  4. TDS Deposits and Form 26AS Credit
    • The deducted TDS amount will be deposited with the Government of India within the timelines prescribed under applicable tax laws.
    • The same will be reflected in the participant's Form 26AS, accessible through their PAN account, after the relevant quarterly TDS return is filed and processed by the Income Tax Department.
    • Participants must ensure that they provide a valid and accurate PAN number to avoid any issues with credit of TDS.
  5. No Responsibility for Individual Tax Positions
    • Basik Marketing Private Limited will not be responsible for:
    • A participant's individual tax liability or filing obligations.
    • Refund expectations or claims related to excess tax deductions.
    • Delays or errors in TDS credit due to incorrect or missing PAN details provided by the participant.
    • Participants are encouraged to consult a qualified Chartered Accountant or tax advisor for guidance on their personal tax matters.
  6. Non-Acceptance of Terms
    • If a participant does not agree with this TDS policy, they are advised not to register for or participate in any TEC tournament.
    • By proceeding with registration and accepting prize money, the participant automatically consents to these terms and waives any right to dispute the tax deduction at a later date.

USER RIGHTS:

  • Request a copy of their personal data.
  • Correct inaccurate information.
  • Withdraw consent for data processing.
  • Request deletion of their personal data (subject to legal and regulatory limitations).
Certain requests may be subject to fees or legal constraints, depending on applicable laws and regulations.

Users have the right to:

  • Request a copy of their personal data.
  • Correct inaccurate information.
  • Withdraw consent for data processing.
  • Request deletion of their personal data (subject to legal and regulatory limitations).
Certain requests may be subject to fees or legal constraints, depending on applicable laws and regulations.

For complaints related to our services or website content, the aggrieved person may submit a query or complaint within two (2) days from the date of first publication to [email protected]