115B 115 BB of Income Tax Act Tax on profits and gains of life

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income-tax rules that govern win- nings from online games the provisions of Section 115BB If it requires application of

Section 194B of the Income Tax Act applies to TDS deductions from the income earned from winning the lotteries Learn about deductions, penalties, and more  INCOME TAX ACT SECTION 115BB TAX ON WINNINGS FROM LOTTERIES, CROSSWORD PUZZLES, RACES INCLUDING HORSE RACES, CARD GAMES AND OTHER GAMES OF ANY SORT OR GAMBLING

yono 101 z 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 As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games shows, etc will attract tax at the rate of