Mint - As per section 115BB of the Income-tax Act,1961

Mint - As per section 115BB of the Income-tax Act,1961 115bb Further, the income earned from winnings is subject to tax in the hands of the person winning the game under section 115BB of the IT Act @ 30% 115bb of income tax act 115BB of the Income Tax Act? The facts in a nutshell are as under: The 28,52,18,347- was brought to tax by the assessee at the flat rate of 40% as

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

115bb 115BB of the Income Tax Act As per this section ,income tax payale 115BB Posted by balasubramanian on Jan 19, 2010 Answer ID 115BB — Held, Yes By C N Vaze, Shailesh Kamdar, Chartered Accountants Reading Time 4 mins fiogf49gjkf0d 23 114 ITD 638 ACIT v Raghunath B