Section 115BB in The Income Tax Act, 1961

Section 115BB of the Income Tax Act provides tax rate of 30% on certain casual income of betting and gambling in nature

Amendments to Existing Sections: Notably, amendments have been made to Section 115BB and Section 194B, excluding online game winnings from their

115bb of income tax act According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes

115bb 115bb Of Income Tax Act – Presentation on theme: “PENNY TRANSMISSIONS AND DEVELOPMENTS IN THE PAGE OF FACILITIES CH