Income on betting - Set-off of busniss loss against betting and ...
Tax Alert: 40% Tax Rate on Betting Winnings u/s 115BB; No Business Loss Set-Off Allowed.
October 30, 2018
Case Laws Income Tax HC
Income on betting - Set-off of busniss loss against betting and gambling income - Total winnings from betting of the assessee should be brought to tax at the rate of 40% as contemplated u/s 115BB
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