Section No 115BB Income-Tax Act

115bb   Dan 115bb of income tax act

115BB of the Income Tax Act Indian Tax Laws - Gambling

According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes chance are taxed under Section 115BB Says Suresh Surana, founder, RSM India: Section 115BB provides for taxing income derived by winnings

subhashree sahu 3 season The tax on winnings from lotteries, crossword puzzle, races, card games, betting is levied under Section 115BB of the Income Tax Act, 1961  Here is Casual Income Sec 115BB Is Betting & Lottery LEGAL? CA Inter Income Tax