80 G Deduction for Income U/s 115BB


This query is : Resolved 

04 February 2009 Wheather Deduction u/s 80G is available for income from Winning from lottery & Crossed word Puzzles Sec 115BB
If the Income from the said is below Taxable Limit 150000/- can we claim basic exemption

04 February 2009 1) 80G cannot be claimed.
2) Basic exemption is not allowed.

vipin (Expert)
04 February 2009 1) 80G cannot be claimed if the income from winning from lottery crosswords puzzles etc
2) Basic exemption is not allowed.

cavipin garg
partner,
KVR & Co.
Chartered Accountants
B-2/1 Ashish Complex LSC,
New Rajdhani Enclave,
Vikas Marg Delhi-110092
kvrco@in.com
Tax, Assurance, Consultancy, ROC, STPI/ SEZ

Tel :011-22515695



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