Section No 115BB Income-Tax Act

Timken 115BB Bearing - Car & Motorbike - 115bb 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 Further, the income earned from winnings is subject to tax in the hands of the person winning the game under section 115BB of the IT Act @ 30%

115bb 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%