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Winnings from MPL Taxation


HARI KRISHAN   11 December 2020

HARI KRISHAN

 1 likes  10 points

| My Other Post

can anyone tell if winnings from such app is taxed on profit received on winnings or on net profit of all such winnings and losses ?

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Aditi Kaur (Practising CA)    12 December 2020

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Yash Soni   11 December 2020

Yash Soni

 8 points

View Profile | My Other Post

The Tax will be levied on profit receiced on winnings as a speculative business income and will attract set off of speculation losses. so net profit of all will be charged


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