Tax on winnings from online games – Section 115BBJ

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... w.e.f. 01 st April 2024 [New section inserted by FA, 2023] The amount of income-tax calculated on net winnings from such online games during the previous year Rate of Tax 30% on the net .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt and software, comprising the interconnected worldwide network of computer networks that transmits information based on a protocol for controlling such transmission; (iii) online game means a g .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X