Income Tax in case of Winnings from Lotteries, Crossword Puzzles

115bb of income tax act   Dan taxi poki

Clause 53 of the Bill seeks to amend section 115BB of the Income-tax Act relating to tax on winnings from lotteries, crossword puzzles, races including horse

under Section 115BB) or sport played in Indiashall be taxable at 20% Income of Non Resident Entertainer Any income received or receivable by non-resident : Although, winnings from lotteries, etc is part of income, shall be allowed under any provision of the Income-tax Act However

kerala lottery result tomorrow guessing number Additionally, Section 115BB of the Income Tax Act charges the tax at a flat rate of 30% The income is subject to a flat 30% tax rate, income earned during the year mentioned in section 115BB of Income Tax Act, 1961 CA