News > CBDT asks those who have won money in online games to pay taxes

CBDT asks those who have won money in online games to pay taxes

29/08/2022 01:33 PM | Click to read full article

If you have won money playing online games in the previous financial year, then as per the Central Board of Direct Taxes (CBDT), you must file an updated ITR (i.e., ITR-U) and pay taxes on the online game winnings accordingly.

The CBDT chairman Nitin Gupta, in an interview with PTI, said that ITR-U could also be utilised by those categories of taxpayers who have income from online games, lotteries and betting etc.

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