Section No 115BB Income-Tax Act

Section No 115BB Income-Tax Act 115bb Firstly, Section 115BB says that anything that accrues from pay-to-earn or crosswords, etc will be taxed at a full tax rate which is % 115bb Section 115BB of the Act provides for the rate of tax on winnings from lotteries, crossword puzzles, races including horse races, card games and

115bb 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

115bb of income tax act Question ID : 19060 Tax on Prize money won from Marathons As per Section 115BB of Income tax act Tax on winnings from lotteries, 115BB Order of application of assets : residual unrealised net loss Order in which assets are to be applied 165-115BB In applying subsection 165-115B