Section 115bb - Betting Exchange India -

website 115bb 115BB provides as follows:-“Tax on winnings from lotteries, crossword puzzles, races including horse races,or from gambling or betting of any form or 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 Tax on lottery income section 115BB 30% 20% 10% 15%  Section 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race  115BB Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any

Share

Share

Link

Turn off sharing Copy link

See all details