Income earned from Dream 11 & My 11 Circle


This query is : Resolved 

Quick Summary
This discussion clarifies whether income earned from playing on platforms like Dream 11 and My 11 Circle is subject to tax. The consensus is that such winnings are indeed taxable under the 'Income from Other Sources' category. Further details and links to relevant tax provisions are provided for those seeking more information.

(Querist)
06 August 2024 Sir/Madam

I have one doubt that any person earned income from Dream 11 & My 11 Circle for playing cricket and Rummy then this income is taxable ??? under which head??

please provide link for tax provision.

06 August 2024 Yes, taxable u/h. Other Sources.

https://cleartax.in/s/tax-on-online-gaming-in-india

06 August 2024 in the income from other sources - under Income chargeable at special rates.


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