Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Tax on winnings from online games: two-part charge applying a fixed-rate levy on net winnings and separate taxation. Tax on winnings from online games creates a two-part tax: a fixed-rate tax on net winnings computed as prescribed, plus tax on the assessee's remaining ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Tax on winnings from online games: two-part charge applying a fixed-rate levy on net winnings and separate taxation.
Tax on winnings from online games creates a two-part tax: a fixed-rate tax on net winnings computed as prescribed, plus tax on the assessee's remaining income after reducing total income by those net winnings; definitions of "online game", "internet" and "computer resource" are supplied and the provision applies notwithstanding other Act provisions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
