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

115bb   Dan 115bb

Section 115BB of the Income Tax Act deals with tax rates charged on casual income, that is, a flat rate of 30% Deductions or exemptions are not

Headnote: Income Tax - Taxation of Lottery Winnings - Section 115BB of the Income Tax Act, 1961 According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes

maharashtra ganesh lottery 115BB of Income Tax Act, 1961 TAXATION OF LOTTERY OR GAME SHOW INCOME 115bb - Where a non-resident athlete who is a foreign national earns the following income, he will be taxed at