Tax on winning from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any form or nature whatsoever - Section 115BB

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..... her games of any sort or gambling or betting of any form or nature whatsoever - Section 115BB Where the total income of an assessee includes any income by way of winning from any Lottery/Crossword Puzzle/ Race including horse race (not being income from owing maintaining race horses) or card game or gambling or betting of any form or nature the income-tax payable shall be aggregate of : 30% of the .....

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..... on shall apply to income by way of winnings from any online game for the assessment year beginning on or after the 1st day of April, 2024 . For the purposes of this section, (i) horse race shall have the meaning assigned to it in section 74A ; horse race means a horse race upon which wagering or betting may be lawfully made. (ii) online game shall have the meaning assigned to it in section 115BBJ .....

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