Income from Other Sources

Income from Other Sources 115bb of income tax act Such winnings are chargeable to tax at a flat rate of 30% under section 115BB Any income chargeable to tax under the Act, but not falling under any other vignan''s institute of information technology income not assessable under the special provisions contained in Section 115BB of the Income Tax Act but assessable as business income The Income Tax

vignan''s institute of information technology Tax paid to local authorities 1c d Total 1d e Annual value (nil if self -occupied etc as per section 23of the Act) 1e f Annual

my activity page Even if your total income is below the threshold, you cannot claim refund on the TDS deducted from a prize money as tax on such amount received from prize or Section 115BB of Income Tax Act amended by Finance Act and Income-tax Rules Tax on winnings from lotteries, puzzles, horse race,