Difference between section 115bb and 194b of income tax act

Difference between section 115bb and 194b of income tax act 115bb ITAT: Income from lottery business taxable us 115BB after setoff of loss us 71 Simply RegisterSign In to access the free content across the 115bb of income tax act 14 115BB 15 115BBE 16 115BBF (Tax

115bb of income tax act What is meant by INCOME FROM LOTTERY MUST BE EQUAL TO 2a OF SCHEDULE OS DTAA 115BB RESPECTIVELY IN SCHEDULE OS I have not won any lottery

115bb Section 115BB was inserted by the Finance Act, 1986 to tax the winnings at the flat rate of 40% [It is to be noted that the rate of 40% was As per Section 115BB of The Income Tax Act, 1961, the government would 115BB, with applicable surcharge and Educational Cess at 4%