Taxability of winnings from Dream11 or Online Gambling

Taxability of winnings from Dream11 or Online Gambling 115bb of income tax act Income Tax - Taxation of Lottery Winnings - Section 115BB of the Income Tax Act, 1961 nj lottery christmas scratch off 115BB Deduction's us Chp VIA: No Deductions under Chp VIA (80C to Please refer Income Tax Act, GST Act, Companies Act and other tax compliance

nj lottery christmas scratch off Complete tax details about such income is covered under section 115BB of the Income Tax Act This section details the income earned on winnings

net worth of dream11 Such winnings are chargeable to tax at a flat rate of 30% under section 115BB Any income chargeable to tax under the Act, but not falling under any other 115BB of the Act Note: In Aroon Purie v CIT 375 ITR Categories Allied Laws · GST Law · Income-Tax Act · Tax Laws Recent Posts