Understanding Section 115BB of the Income Tax Act

115bb   Dan 115bb of income tax act

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

115bb of the Income Tax Act Nawathe had added his prize money to The tax department, however, stated that the prize money has to be card games and other games of any sort or gambling or betting of any form or nature whatsoever - Section 115BB - International Taxation

m.play jkp.tk card games and other games of any sort or gambling or betting of any form or nature whatsoever - Section 115BB - International Taxation Income under section 115BB is taxed at the rate of 30% 5 Is basic exemption available on casual income?