Loss sustained in business is not allowed to be set off against ...

Business Losses Not Offset Against Gambling Income; Total Winnings Taxed 40% u/s 115BB.

November 6, 2018

Case Laws Income Tax HC

Loss sustained in business is not allowed to be set off against betting and gambling income - The total winnings from betting of the assessee should be brought to tax @40% u/s 115BB

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Loss sustained in business is not allowed to be set off against ...

Business Losses Not Offset Against Gambling Income; Total Winnings Taxed 40% u/s 115BB.

November 6, 2018

Case Laws Income Tax HC

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