115bb - India 2023 - Betting Exchange India -

115bb - India 2023 - Betting Exchange India - 115bb Tax on amount received from prize or lottery is payable under Section 115BB of the Income-tax Act Tax on winnings from lotteries, crossword puzzles, races 115bb of income tax act Section 115BB of Income Tax Act amended by Finance Act and Income-tax Rules Tax on winnings from lotteries, puzzles, horse race,

115bb of income tax act Section 115BB of the Act provides for the rate of tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other games

115bb 14 115BB 15 115BBE 16 115BBF (Tax 115BB has limited scope to tax winning arising from speci- fied categories Any winnings from an offline game shall be taxed under Section 115BB only if