Section 115BB in The Income Tax Act, 1961

Section 115bb - Betting Exchange India - 115bb Further, the income earned from winnings is subject to tax in the hands of the person winning the game under section 115BB of the IT Act @ 30% 115bb Here is Casual Income Sec 115BB Is Betting & Lottery LEGAL? CA Inter Income Tax

115bb of income tax act Tax on lottery income section 115BB 30% 20% 10% 15%