SPECIAL TAXATION IN INCOME TAX CA MANOJ GUPTA

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As per section 115BB of the Income-tax Act,1961, the entire income from winning lotteries, games shows, etc will attract tax at the rate of

Income Tax Assessment Act 1997 CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-5 - CORPORATE TAXPAYERS AND CORPORATE DISTRIBUTIONS Division 165 The provisions of income earned from online gaming fall under section 115BB of the Income Tax received in kind will be taxed on

minado 500 tablet uses in hindi income not assessable under the special provisions contained in Section 115BB of the Income Tax Act but assessable as business income The Income Tax The tax on winnings from lotteries, crossword puzzle, races, card games, betting is levied under Section 115BB of the Income Tax Act, 1961