Taxation of Casual Income - Section 115BB & 115BBJ

Taxation of Casual Income - Section 115BB & 115BBJ 115bb Income received from horse races us 115BB Facebook · Twitter · whatapp 46 Income sources that I-T department tracks Income sources that 115bb Income under section 115BB is taxed at the rate of 30% 5 Is basic exemption available on casual income?

115bb Is amount received as scholarship award taxable? Tax implication exists under Section 115BB of I-T Act Quick Links Magazine Retirement Investment Expenses

115bb of income tax act 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 As per Section 115BB of The Income Tax Act, 1961, the government would 115BB, with applicable surcharge and Educational Cess at 4%