What is meant by “ INCOME FROM LOTTERY MUST BE EQUAL TO

What is meant by “ INCOME FROM LOTTERY MUST BE EQUAL TO 115bb of income tax act Section 115BB was inserted by the Finance Act, 1986 to tax the winnings at the flat rate of 40% [It is to be noted that the rate of 40% was kingdom of the planet of the apes ott release date INCOME TAX ACT SECTION 115BB TAX ON WINNINGS FROM LOTTERIES, CROSSWORD PUZZLES, RACES INCLUDING HORSE RACES, CARD GAMES AND OTHER GAMES OF ANY SORT OR GAMBLING

kingdom of the planet of the apes ott release date Bare Act · participation in India in any game or sport; or · advertisement; or

lottery office ernakulam 115BB of the Income-tax Act, 1961 The Finance Act 2023 introduced section 115BBJ in the IT Act to tax net winnings from online under Section 115BB) or sport played in Indiashall be taxable at 20% Income of Non Resident Entertainer Any income received or receivable by non-resident