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Section 115BB : 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 : 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 - Income Tax - Computation of Income or Rate of Tax in case o .....

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; 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 income by way of such winning (Slab benefit not available) Normal tax rates on the balance income Important .....

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