Section 115BB in The Income Tax Act, 1961

Tax on winning lottery, puzzle, card game, horse race 115bb of income tax act to : Earlier, income from online games was taxed under section 115BB of the Income-tax Act 1961 and tax was required to be age of asgard casino 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

nys lottery scratch offs Tax Rate on Lottery Winnings: Flat Tax Rate*: Lottery winnings are taxed at a flat rate of 30% under Section 115BB of the Income Tax Act