Insertion of new section 194BA.

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.... person responsible for paying to any person any income by way of winnings from any online game during the financial year shall deduct income-tax on the net winnings in his user account, computed in the manner as may be prescribed, at the end of the financial year at the rates in force: Provided that in a case where there is a withdrawal from user account during the financial year, the income-tax....

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....he difficulty. (4) Every guideline issued by the Board under sub-section (3) shall, as soon as may be after it is issued, be laid before each House of Parliament, and shall be binding on the incometax authorities and on the person liable to deduct income-tax. Explanation.-- For the purposes of this section-- (a) "computer resource", "internet" and "online game" shall have the meanings respect....

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....nner as may be provided by rules, at the end of the financial year at the rates in force. The proviso to the said sub-section provides that in a case where there is a withdrawal from user account during the financial year, the income-tax shall be deducted at the time of such withdrawal on net winnings comprised in such withdrawal, as well as on the remaining amount of net winnings in the user acc....