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Section 115BB of the Income Tax Act Taxscan

Section 115BB of the Income Tax Act Taxscan

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Complete tax details about such income is covered under section 115BB of the Income Tax Act This section details the income earned on winnings

115BB of the Income Tax Act As per this section ,income tax payale shall be aggregate of According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes the

sikkim state lotteries dear donner saturday weekly lottery result Furthermore, section 115BB provided that the income tax would be Income Tax Act wherein tax shall be calculated at the rate of 30%  As per Section 115BB, a flat tax rate of 30% is applicable on income arising by way of winnings from any:

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