GAA8038-115BB - Fans, Blowers, Thermal Management

website 115bb Here is Casual Income Sec 115BB Is Betting & Lottery LEGAL? CA Inter Income Tax 115bb The tax on winnings from lotteries, crossword puzzle, races, card games, betting is levied under Section 115BB of the Income Tax Act, 1961

115bb Section 115BB of Income Tax Act amended by Finance Act and Income-tax Rules Tax on winnings from lotteries, puzzles, horse race,  Section 115BB was inserted by the Finance Act, 1986 to tax the winnings at the flat rate of 40% [It is to be noted that the rate of 40% was  Section 115BB of the Act provides for the rate of tax on winnings from lotteries, crossword puzzles, races including horse races, card games and

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