Winnings from online games

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t 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 shall be deducted at the time of such withdrawal on the net winnings comprised in such withdrawal, as well as on the remaining amount of net winnings in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e of Parliament, and shall be binding on the income-tax 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 respectively assigned to them in section 115BBJ; (b) "online gaming intermediary" means an intermediary that offers one or more online game....