Taxation of Casual Income - Section 115BB & 115BBJ

115bb - India 2023 - Betting Exchange India - 115bb Section 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race 115bb 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

115bb of income tax act 115BB of the Income Tax Act As per this section ,income tax payale 115BB Posted by balasubramanian on Jan 19, 2010 Answer ID