Income tax on gross winnings from online games upheld prior to AY 2024-25
August 21, 2025
Income Tax, ITAT
Income tax on gross winnings from online games without setting off loss upheld as section 115BBJ is prospective. In a recent judgment, ITAT Hyderabad has upheld tax on gross winnings instead of net winnings from online games holding that provisions of 115BBJ being a new section introduced from …