ONLINE GAMBLING
MOHAN SINGH ROHILLA
(Querist) 09 August 2009
This query is : Resolved
i want to play internet betting on cricket.
The site located on London, the prize will be receive from London where the betting is legal,and i included this income in my IT Return and want to pay tax on this income so please tell me legal status of this problem and punishment that may be order.Betting in legal in Many country,so what is the problem of Govt.Please tell me
Sarvesh Kumar Sharma Advocate
(Expert) 09 August 2009
mohan,
some body has been verv well said that what ever is not permited is prohibited.
and u r gambling in india where the gambling is a crime!
so, that is d problem of Indian govt.
A V Vishal
(Expert) 09 August 2009
The tax laws does not differentiate between legal or illegal income, it just demands the person to pay taxes at the rates prescribed on the income earned by him. However, on the flip side, betting on cricket is illegal in India and as such even if the income is earned outside india it is being brought to India. Hence the other law enforcement agencies can act upon you. Further, I disagree with the statement that betting is legal in many countries then why not in India, I must say even prostitution is legalised in some countries then why not India, To understand it the social, cultural and economic factors needs to be considered. Such legalisation leads to many evils in the society. I cite alcholism, smoking etc.... as examples and effects it leads to legalisation of such things.
