TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Payers must deduct income tax on online gaming net winnings at year-end or on withdrawal; ensure tax paid before release</h1> Any person paying winnings from online games must deduct income tax on net winnings in a user account at the end of the financial year, computed as prescribed, or at the time of withdrawal on the withdrawn and remaining net winnings. If winnings are partly or wholly in kind and available cash is insufficient to meet tax, the payer must ensure tax is paid before releasing winnings. The Board, with prior Central Government approval, may issue binding guidelines to resolve difficulties. Definitions include online gaming intermediary, user, user account, computer resource and internet as prescribed.
TaxTMI 
TaxTMI 
