Section 115BB of Income Tax Act for AY 2023-24

115bb   Dan 115bb

The relevant section 115 BB of the Income Tax Act, 1961, reads as under: '115BB Where the total income of an assessee includes any income

Section 115BB of the Income Tax Act is a specific provision that governs the taxability of winnings from lotteries, crossword puzzles, card 115BB Till FY 2022-23 there was no distinction between offline and online game winning for taxation purposes, says Kumarmangalam Vijay

तीन पत्ती जॉय 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race including horse race (not Headnote: Income Tax - Taxation of Lottery Winnings - Section 115BB of the Income Tax Act, 1961