115bb
GAA8038-115BB - Fans, Blowers, Thermal Management
115bb
website 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 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
115bb Section 115BB of the Income Tax Act · Understanding Section 115BB of the Income Tax Act: Taxation of Winnings Marg ERP Ltd 115BB of the Income Tax Act, Income from winnings from online games would fall under the income covered in section 115BB and accordingly be taxed at the rate Additionally, Section 115BB of the Income Tax Act charges the tax at a flat rate of 30% INDEX Income Tax on Awards & Prizes · Tax Rate on