Difference between section 115bb and 194b of income tax act
Difference between section 115bb and 194b of income tax act
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115bb Dan 115bb
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Section 115BB specifically addresses the taxation of income derived from gambling or betting activities, including winnings from offline gaming contests
The provisions of income earned from online gaming fall under section 115BB of the Income Tax received in kind will be taxed on The relevant section 115 BB of the Income Tax Act, 1961, reads as under: '115BB Where the total income of an assessee includes any income
city corporation pid number U+115BB is the unicode hex value of the character Siddham Vowel Sign Au Char U+115BB, Encodings, HTML Entitys:𑖻,𑖻, UTF-8 , UTF-16 , UTF-32 Tax on amount received from prize or lottery is payable under Section 115BB of the Income-tax Act Tax on winnings from lotteries, crossword puzzles, races