Section 115BB in The Income Tax Act, 1961

website 115bb chance are taxed under Section 115BB Says Suresh Surana, founder, RSM India: Section 115BB provides for taxing income derived by winnings 115bb of income tax act 115BB , the rate or rates specified in section 115A or section

115bb 115BB of the Income Tax Act Indian Tax Laws - Gambling  According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes  Tax on lottery income section 115BB 30% 20% 10% 15%

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