Online game winnings? Here’s how to file your ITR - India Today
The September 15 ITR deadline is around the corner, and if you earned money from online games like fantasy cricket, rummy, or poker in FY25, it’s time to report your winnings to the tax department. 
The September 15 ITR deadline is around the corner, and if you earned money from online games like fantasy cricket, rummy, or poker in FY25, it’s time to report your winnings to the tax department.
Live TVShare Advertisement 
From fantasy cricket to online poker, your winnings from FY25 must be reported in your ITR. 
India Today Business DeskNew Delhi,UPDATED: Sep 2, 2025 11:33 ISTThe Centre’s recent ban on online paid games, citing addiction and financial risks, has disrupted platforms like fantasy cricket, rummy, and poker. While the industry reels from the move, individuals who earned winnings from such games in FY25 must still report their income before the September 15 income tax return (ITR) deadline.
HOW ONLINE GAMING INCOME IS CLASSIFIED
Winnings from online games are not treated like salary, capital gains, rent or business profits.
advertisementThe Central Board of Direct Taxation (CBDT) has made it clear that they fall under the head ‘Income from Other Sources’, which also covers things such as lottery prizes and gifts.
TDS AND COMPLIANCE RULES
Gaming platforms have also been brought under strict compliance. Under Section 194BA, tax is deducted at source (TDS) not only on withdrawals but also on closing balances. These transactions are linked to the player’s PAN and directly reported to the tax department.
This means that even if someone’s overall income is below the taxable limit, they may still need to file an ITR if tax has been deducted. In addition, Rule 12BA of the Income-tax Rules says that filing a return is compulsory if the total TDS or TCS in a financial year is more than Rs 25,000.
WHAT EXPERTS SAY
Tax expert Sandeep Sehgal, Partner, Tax at AKM Global, while speaking to CNBCTV18, explained that those who earn money from online platforms like fantasy sports, poker or e-sports must disclose it under ‘Income from Other Sources’.
He pointed out that winnings are taxed at 30% without any reliefs, and losses are not allowed to be set off. He also advised that taxpayers should use the correct form—either ITR-2 or ITR-3, depending on their overall income profile.
According to him, it is important to disclose winnings even if TDS has already been deducted. If not reported properly, the tax department can issue notices.
WHY TIMELY FILING MATTERS
With only a few days left for the deadline, those who earned any money from online gaming in FY25 should double-check their tax statements, disclose all winnings, and file their return on time.
Accurate reporting will help avoid penalties, interest and unwanted questions from the tax authorities later.
- EndsPublished By: Jasmine anandPublished On: Sep 2, 2025 Winnings from online games are not treated like salary, capital gains, rent or business profits.
advertisement The Central Board of Direct Taxation (CBDT) has made it clear that they fall under the head ‘Income from Other Sources’, which also covers things such as lottery prizes and gifts.
TDS AND COMPLIANCE RULES
Gaming platforms have also been brought under strict compliance. Under Section 194BA, tax is deducted at source (TDS) not only on withdrawals but also on closing balances. These transactions are linked to the player’s PAN and directly reported to the tax department.
This means that even if someone’s overall income is below the taxable limit, they may still need to file an ITR if tax has been deducted. In addition, Rule 12BA of the Income-tax Rules says that filing a return is compulsory if the total TDS or TCS in a financial year is more than Rs 25,000.
WHAT EXPERTS SAY
Tax expert Sandeep Sehgal, Partner, Tax at AKM Global, while speaking to CNBCTV18, explained that those who earn money from online platforms like fantasy sports, poker or e-sports must disclose it under ‘Income from Other Sources’.
He pointed out that winnings are taxed at 30% without any reliefs, and losses are not allowed to be set off. He also advised that taxpayers should use the correct form—either ITR-2 or ITR-3, depending on their overall income profile.
According to him, it is important to disclose winnings even if TDS has already been deducted. If not reported properly, the tax department can issue notices.
WHY TIMELY FILING MATTERS
With only a few days left for the deadline, those who earned any money from online gaming in FY25 should double-check their tax statements, disclose all winnings, and file their return on time.
Accurate reporting will help avoid penalties, interest and unwanted questions from the tax authorities later.
- Ends Published By: Jasmine anandPublished On: Sep 2, 2025 Watch Live TV
FAQ
Can I earn money from online games?
If you are interested in playing games online, there is a chance to earn money. You can’t earn huge money but you can earn money for your pocket. The gaming websites are free for registration. Once you registered, you can start playing. You need to have a PayPal account.17 Mar 2024
Is it possible to earn $100 a day from ads in mobile games?
Yes, It is definitely possible to earn $100 a day from ads in mobile games. However, achieving this goal demands commitment and diligent effort to generate the required income.31 Tem 2025
Which game gives you real money online?
Lucky Dollar is a scratch off app where you can 💰win real money, gift cards and get prizes . PLAY SCRATCH AND WIN REAL MONEY APP. Test your luck by playing scratch off win real money games to play win cash games! You might get lucky with our happy scratch off real money games and win big 🤞.
Which is the No. 1 money earning app?
For instance, apps like Swagbucks and InboxDollars offer users the chance to earn rewards for completing simple tasks, making them ideal for anyone looking to earn a bit of extra cash. Another notable option in the top 10 money earning apps without investment category is Google Opinion Rewards.
What is the origin of the name Roulette?
What is the origin of the name Roulette? The origin of the name “roulette” is French and it means “little wheel”. The name is derived from the fact that the game is played on a small wheel that spins around, with players betting on where the ball will land. The word “roulette” was first used in its current context in the 18th century, although the game itself dates back much earlier.
Who invented the game of roulette?
Who invented the game of roulette? The exact origins of roulette are a subject of much debate and speculation among historians and gambling enthusiasts. While there is no clear consensus on the game’s inventor, several theories exist regarding its creation. One of the most popular theories is that the game was invented by a French mathematician named Blaise Pascal in the 17th century. According to this theory, Pascal was attempting to develop a perpetual motion machine when he inadvertently created the roulette wheel.
Win Real Cash: Top 2026 Games Paying Instantly!
Hey there, gamers! Dreaming of turning your gaming sessions into real cash? In 2026, apps like Solitaire Cash and Bingo Cash let you join tournaments where winners snag up to $83 per match via PayPal—perfect for skill-based fun without upfront costs.eneba+1 Top picks for quick wins include Mistplay, where you earn points playing Coin Master or RAID: Shadow Legends, cashing out as gift cards or bucks. JustPlay shines too, paying $0.
Is it safe to play Plinko online?
The answer is yes. The UK’s well-regulated gambling industry offers numerous platforms where players can enjoy this thrilling game. Online casinos licensed by the UK Gambling Commission provide safe and fair environments for playing Plinko.
What is TP in WPT poker?
What is TP in WPT poker? Tournament Points (TPs) are used to buy into VIP tournaments on ClubWPT. All players start with a fixed amount of TPs (500) upon opening a VIP account. They cannot be reloaded, but will be automatically “topped up” once per day.
inglesidestorage.com in Real Money & Big Cash! Paise Wala Game! Collect rewards, get paid on PayPal
This site only collects related articles. Viewing the original, please copy and open the following link:Online game winnings? Here’s how to file your ITR - India Today
