Understanding Section 115BB of the Income Tax Act

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115BB of Income Tax Act, 1961 TAXATION OF LOTTERY OR GAME SHOW INCOME

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 115B or section 115BB of the Income-tax Act, the amount of income-tax computed under this sub- section shall be increased,– in the case of a person