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115bb of income tax act

115bb of income tax act

Demystifying the Taxation of Online Gaming in India 115bb of income tax act The tax on winnings from lotteries, crossword puzzle, races, card games, betting is levied under Section 115BB of the Income Tax Act, 1961 lottery sambad 10 tarike actor As per Section 115BB, a flat tax rate of 30% is applicable on income arising by way of winnings from any:

tax69 Tax paid to local authorities 1c d Total 1d e Annual value (nil if self -occupied etc as per section 23of the Act) 1e f Annual

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