Tax on winnings from Online Games
Tax on winnings from Online Games
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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
Tax on winnings from Online Games Tax on profits and gains of life insurance business Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other
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
famous fruit of nagaland Section 194B of the Income Tax Act, 1961 is also set-out hereunder:“194B 115BB of the IT Act of the IT Act provides for deduction of tax
Although winnings from lotteries, etc is part of income, shall be allowed under any provision of the Income-tax Act However
115bb of income tax act income, and after setting off such losses, and the betting income was brought to tax by the assessee at the flat rate of 40% as prescribed us 115BB of the Act
115bb Of Income Tax Act
Materials
Materials
Crafted from Italian cow leather, and suede. Comes with switchable straps, can be used as top handle bag or shoulder bag. Ultrasuede® interior.
Shipping & Returns
Shipping & Returns
Free shipping and returns available on all
orders!
We ship all US domestic orders
within 5-10 business days!
Dimensions
Dimensions
h:14 X w:19 cm (5 1/2 X 7 1/2 in)
Care Instructions
Care Instructions
Tax on winnings from Online Games
The Indian Income Tax Act, 1961, has a number of provisions to handle the taxation of diverse forms of income Sections 115BBE and 115BB are