Hi All,
A person has won 55 lakhs from Online Game Winnings and TDS @ 30.09% has been deducted and paid rest of the winning amount. He has some Chapter VI-A Deductions but while filing ITR they are not allowing Chapter VI-A Deductions. Which ITR does he need to file, ITR 2? he has only other sources of income for the year. Does he eligible for Chapter VI-A Deductions or any other deductions? Did he have an option to carry forward or set off any loss from the Online Game Winnings?
Thanks in Advance.
CAclubindia
