Section 115BB in The Income Tax Act, 1961

Section 115BB in The Income Tax Act, 1961 115bb Section 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race 115bb of income tax act Section 115BB specifically addresses the taxation of income derived from gambling or betting activities, including winnings from offline gaming contests

115bb of income tax act 115BB of the Act This computation was refused by the AO and held that the total winnings are to be taxed us 115BB and losses cannot be set off against

115bb SECTION 165-115BB Order of application of assets: residual unrealised net loss View history reference Order in which assets are to be applied 165-115BB Manufacturer: Comair Rotron Part Number: GAA8038-115BB Amps: 20 Voltage : 115 Watts: 14 LeadTerminal Type: Terminal Pins Number LeadsTerminals: 2