115bb Of Income Tax Act

Firstly, Section 115BB says that anything that accrues from pay-to-earn or crosswords, etc will be taxed at a full tax rate which is %

Section 115BB Where the total income of an assessee includes any income by way of winnings from any lottery or crossword puzzle or race

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

115bb of income tax act 115BB of the Income Tax Act? The facts in a nutshell are as under: The 28,52,18,347- was brought to tax by the assessee at the flat rate of 40% as