Rate at which winnings are taxed depends on level of skill applied

Income tax

Rate at which winnings are taxed depends on level of skill applied Income under section 115BB is taxed at the rate of 30% 5 Is basic exemption available on casual income? Casual Income is taxed at a flat rate

Income tax

corporation tax payment online mysore Income tax

115BB [ Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any

115bb of income tax act If a person whose total income before allowing deductions under Chapter VI-A of the Income-tax Act or deduction for capital gains , does not

The tax on winnings from lotteries, crossword puzzle, races, card games, betting is levied under Section 115BB of the Income Tax Act, 1961