Taxability of winnings from Online Games

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from any relative; or · on the occasion of the marriage of the individual; or · under a will or by way of inheritance; or · in contemplation of

Income Tax - Taxation of Lottery Winnings - Section 115BB of the Income Tax Act, 1961 Before the introduction of sections 115BBJ and 194BA of the Income Tax Act, the taxability of online winnings was governed by section 115BB (taxability of

kerala lottery khela result Winnings from any online game shall be charged to tax under this section of the Income Tax Act, 1961 115BB Section 194B of the Income Tax Act applies to TDS deductions from the income earned from winning the lotteries Learn about deductions, penalties, and more