https://www.taxtmi.com/acts?id=41810 Net winnings are calculated by netting aggregate withdrawals and closing balance against non taxable deposits, opening balance and previously taxed net winnings where applicable; first and subsequent withdrawals have specific formulas that subtract non taxable deposits and opening balance, with subsequent withdrawals also subtracting earlier net winnings on which tax was deducted, and all computations are floored at zero if offsets equal or exceed amounts to be netted. en-us Tue, 23 May 2023 15:49:12 +0530 Tue, 16 Sep 2025 18:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41810 Net winnings are calculated by netting aggregate withdrawals and closing balance against non taxable deposits, opening balance and previously taxed net winnings where applicable; first and subsequent withdrawals have specific formulas that subtract non taxable deposits and opening balance, with subsequent withdrawals also subtracting earlier net winnings on which tax was deducted, and all computations are floored at zero if offsets equal or exceed amounts to be netted. Act-Rules Income Tax Tue, 23 May 2023 15:49:12 +0530 https://www.taxtmi.com/acts?id=41810