What is Gambling Income?

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

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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.

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

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Gambling is a game of risk. CLICK HERE to Find out how.

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