115bb Of Income Tax Act

Section 115BB of the Income Tax Act deals with the tax rate applied to casual incomes This article aims to provide a clear picture of the

115bb Of Income Tax Act 115BB of the Income Tax Act As per this section ,income tax payale shall be aggregate of

Section 115BB of the Income Tax Act deals with the tax rate applied to casual incomes This article aims to provide a clear picture of the

does two pair beat three of a kind Even if your total income is below the threshold, you cannot claim refund on the TDS deducted from a prize money as tax on such amount received from prize or

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,

115bb of income tax act 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

: Although, winnings from lotteries, etc is part of income, shall be allowed under any provision of the Income-tax Act However