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<h1>Finance Bill 2023 Amendment Excludes Online Game Winnings from Section 115BB Taxation, Redefines Terms for 2024 Onward.</h1> Clause 53 of the Finance Bill, 2023, proposes an amendment to section 115BB of the Income-tax Act, which addresses taxation on winnings from various gambling activities. The amendment introduces a proviso stating that income from online game winnings will be excluded from this section for assessment years starting on or after April 1, 2024. Additionally, the amendment redefines 'horse race' and 'online game' within the section, effective from April 1, 2024, applicable to the 2024-2025 assessment year and beyond.