Section 115BB in The Income Tax Act, 1961

Mint - As per section 115BB of the Income-tax Act,1961 115bb Further, the income earned from winnings is subject to tax in the hands of the person winning the game under section 115BB of the IT Act @ 30% 115bb 115BB Order of application of assets : residual unrealised net loss Order in which assets are to be applied 165-115BB In applying subsection 165-115B

115bb of income tax act 115BB of Income Tax Act, 1961 TAXATION OF LOTTERY OR GAME SHOW INCOME