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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Income on betting - Set off of business losses against betting ...

Case Laws     Income Tax

January 12, 2015

Income on betting - Set off of business losses against betting and gambling income - total winnings from betting of the assessee should be brought to tax at the rate of 40% (Now 30%) u/s 115BB set off denied - HC

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