What is Gambling Income?

Yellow Browser
Yellow Browser

LEARN WITH MOVIES

Yellow Browser

The scene shows Thakur Ranjeet Singh (played by Dharmendra) playing a game of cards on a poker table.  

He is continuously raising the stakes as he has dealt with a good set of  cards. Thakur Ranjeet Singh walks away happily as he wins the hand.  

Learning Perspectives

Yellow Browser
Yellow Browser

 Gambling income is any income that is derived from a game of chance.  Income generated from gambling is fully taxable under income tax laws. 

Other stories- Learn with Movies

Profit Sharing Plans

Scarcity

Yellow Browser
Yellow Browser