Income from lottery business taxable us 115BB after setoff of loss u

DIFFERENCE BETWEEN SECTION 115BB AND 194B OF INCOME TAX ACT

As per Section 115BB of The Income Tax Act, 1961, the government would 115BB, with applicable surcharge and Educational Cess at 4%

115bb of income tax act According to the Income Tax Act, any game winnings are considered income and are subject to tax at 30% under Section 115BB This includes

115bb 115bb - Where a non-resident athlete who is a foreign national earns the following income, he will be taxed at