GAA8038-115BB - Fans, Blowers, Thermal Management

Section 115BB of the Income Tax Act, 1961 115bb The provisions of income earned from online gaming fall under section 115BB of the Income Tax received in kind will be taxed on 115bb of income tax act SECTION 165-115BB Order of application of assets: residual unrealised net loss View history reference Order in which assets are to be applied 165-115BB

115bb Further, the income earned from winnings is subject to tax in the hands of the person winning the game under section 115BB of the IT Act @ 30%