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115bb of income tax act

115bb of income tax act

Taxability of winnings from Online Games 115bb of income tax act Tax on winning from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any form or sofie rain of leaks According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes

duties and responsibilities of ldc 115 BB rw s 56 of the Act—ACIT vs Reghunath B Taware Reference:

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