Online Rummy Loss Cannot Be Taxed as Gross Winnings: Hyderabad ITAT Deletes ₹3.54 Crore Addition   Assessing Officer Cannot Ignore Buy-In Amount and Tax Gross Payout Under Section 115BB The rapid growth of online gaming has opened a new frontier in income tax litigation. Questions surrounding the taxation of online rummy, poker, fantasy sports and…

The post Online Rummy Loss Cannot Be Taxed as Gross Winnings: Hyderabad ITAT Deletes ₹3.54 Crore Addition appeared first on The Tax Talk.

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