CBDT Notification No. 33/2023-Income Tax, Dated: 29th May, 2023

CBDT Notification No. 33/2023-Income Tax, Dated: 29th May, 2023 The scheme is called the e-Appeals Scheme and will come into force once published in the Official Gazette. It applies to appeals filed under section 246 of the Income-tax Act, 1961, except cases excluded under sub-section (6) of that section. As per the e-Appeals Scheme, 2023,...

Winning from Online Games

There are several wallets associated with one user. How “net winnings” should be calculated based on a user’s many wallets   In accordance with Rule 133, every user account, regardless of name, that is registered with an online gaming intermediary and in which a user’s winnings, taxable deposits, non-taxable deposits, or withdrawals are credited or...

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