Mint - As per section 115BB of the Income-tax Act,1961

Casual Income Sec 115BB Is Betting & Lottery LEGAL? CA Inter Income Tax

to : Earlier, income from online games was taxed under section 115BB of the Income-tax Act 1961 and tax was required to be

salary of lic assistant  Although winnings from lotteries, etc is part of income, shall be allowed under any provision of the Income-tax Act However

gera winds of joy pune Section 115BB of the Income Tax Act lays down the rate of tax for winnings of any lottery, card games, horse-race, crossword puzzle or any other gambling or