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Income from lottery business taxable us 115BB after setoff of loss u

Income from lottery business taxable us 115BB after setoff of loss u

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115bb   Dan 115bb

115BB , the rate or rates specified in section 115A or section

The tax on winnings from lotteries, crossword puzzle, races, card games, betting is levied under Section 115BB of the Income Tax Act, 1961  Section 115BB specifically addresses the taxation of income derived from gambling or betting activities, including winnings from offline gaming contests

daman game download link for android Income received from horse races us 115BB Facebook · Twitter · whatapp 46 Income sources that I-T department tracks Income sources that 115BB of the Act This computation was refused by the AO and held that the total winnings are to be taxed us 115BB and losses cannot be set off against

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