46b-115bb Service of petition and order - Statutes -

section 115bb tax on winnings from lotteries crossword puzzles 115bb 115BB — Held, Yes By C N Vaze, Shailesh Kamdar, Chartered Accountants Reading Time 4 mins fiogf49gjkf0d 23 114 ITD 638 ACIT v Raghunath B 115bb of income tax act card games and other games of any sort or gambling or betting of any form or nature whatsoever - Section 115BB - Income Tax - Ready Reckoner

115bb Further, the income earned from winnings is subject to tax in the hands of the person winning the game under section 115BB of the IT Act @ 30%