Income tax calculation

  • Most urgent. If you dont give clarity on this, this may lead to reduction of participants in future.e.g during a year i deposited 1000 rs and participatig contests with that money and also using winnig amt throughout a year . If my total winning is rs 90000 {less than 10000 everytime} my bal with you now is rs.5000.should i have to pay taxes on 90000 which comes 30000. If is so , it is great loss to an individual which may take him away from participating in dream 11.please clarify in the interest of all.

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