Section 115BB in The Income Tax Act, 1961

One such provision is Section 115BB of the Income Tax Act, which deals with the taxability of winnings from lotteries, crossword puzzles, card

Section 115BB in The Income Tax Act, 1961 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race including horse race (not

One such provision is Section 115BB of the Income Tax Act, which deals with the taxability of winnings from lotteries, crossword puzzles, card

115bb of income tax act INCOME TAX ACT SECTION 115BB TAX ON WINNINGS FROM LOTTERIES, CROSSWORD PUZZLES, RACES INCLUDING HORSE RACES, CARD GAMES AND OTHER GAMES OF ANY SORT OR GAMBLING

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

115bb 115BB — Held, Yes By C N Vaze, Shailesh Kamdar, Chartered Accountants Reading Time 4 mins fiogf49gjkf0d 23 114 ITD 638 ACIT v Raghunath B

Under Section 115BB of the Income Tax Act 1961, your casual income is subject to taxation This section aims to prevent tax evasion and ensure