Easy Office
Easy Office

Income from online card games

This query is : Resolved 

11 July 2019 One of my client;s TDS was deducted u/s 194B @ 30% for winning from online card games.
His total losses are more than total winning prices from such game.
Suggest me if he can get refund on such income as mentioned u/s 115BB.

12 July 2019 No... The TDS can't be refunded.

12 July 2019 Losses cannot be set-off against game income. Even game losses cannot be set-off against game income.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries