THE INCOME-TAX ACT, 1961 ARRANGEMENT OF SECTIONS

Rate at which winnings are taxed depends on level of skill applied 115bb of income tax act income, and after setting off such losses, and the betting income was brought to tax by the assessee at the flat rate of 40% as prescribed us 115BB of the Act return of kong megaways slot review Section 115BB of the Income Tax Act provides tax rate of 30% on certain casual income of betting and gambling in nature

belagavi city corporation property tax 115BB of the Act Note: In Aroon Purie v CIT 375 ITR Categories Allied Laws · GST Law · Income-Tax Act · Tax Laws Recent Posts