To cover all types of Online gaming in the ambit of tax ...
Notes Income Tax
February 3, 2023
To cover all types of Online gaming in the ambit of tax deduction section 194BBA has proposed for deduction of tax on 'net winnings' from online gaming and sec 115BBJ has also introduced for the rates of tax on such net winnings from online gaming without any threshold limit. Also, corresponding changes has been made u/s 194BB & 115BB to exclude online gaming from these section.
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