Amendment of section 194B.

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..... pees , the words or from gambling or betting of any form or nature whatsoever, being the amount or the aggregate of amounts exceeding ten thousand rupees during the financial year shall be substituted; (iii) after the proviso, the following shall be inserted with effect from the 1st day of July, 2023, namely: Provided further that nothing contained in this section shall apply to deducti .....

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..... ndments will take effect from 1st April, 2023. It is also proposed to insert a new proviso to provide that nothing contained in this section shall apply to deduction of income-tax on winnings from any online game on or after 1st July, 2023 and also an Explanation to provide that online game shall have the meaning assigned to it in clause (iii) of Explanation to the proposed section 115BBJ. .....

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