Difference between section 115bb and 194b of income tax act

115bb   Dan 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

Income received from horse races us 115BB Facebook · Twitter · whatapp 46 Income sources that I-T department tracks Income sources that Headnote: Income Tax - Taxation of Lottery Winnings - Section 115BB of the Income Tax Act, 1961

kolkata ff kaise khele 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race including horse race (not Section 115BB specifically addresses the taxation of income derived from gambling or betting activities, including winnings from offline gaming contests