gambling

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student
23 Points Posted on 21 September 2017
loss from gambling
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On 21 September 2017 at 21:14 Report
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Managing Partner at TAXounting
8742 Points Posted on 21 September 2017
No Setoff & carry forward of loss will be allowed
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On 21 September 2017 at 23:14
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Chartered Accountant
12739 Points Posted on 06 April 2020

C/F upto next 4 assessment years with speculative income only 

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On 06 April 2020 at 08:55
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Others
32 Points Posted on 19 May 2020

Gambling losses are indeed tax deductible, but only to the extent of your winnings and requires you to report all the money you win as taxable income on your return.

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On 19 May 2020 at 03:57
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4 Points Posted on 13 June 2020

Gambling losses are indeed tax deductible, but only to the extent of your winnings and requires you to report all the money you win as taxable income on your return.



Okay 

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On 13 June 2020 at 02:22

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