TMI BlogSection 194BB - Winnings from horse raceX X X X Extracts X X X X X X X X Extracts X X X X ..... on 194BB - Winnings from horse race Section 194BB of the Act requires that any person, being a bookmaker or a person to whom a license has been granted by the Government under any law for the time b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... osed to remove the condition of threshold applying on aggregate of amounts exceeding Rs. 10,000/- and to now instead apply in respect of a single transaction. 3. This amendment will take effect from ..... X X X X Extracts X X X X X X X X Extracts X X X X
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