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Difference between Stake Money and Betting Gains

Direct Taxation

Hi sir, hope you're well. In your example for race horses, what is the difference between stake money and betting gains? I'm unable to understand the difference between the two. Thanks Video Details P3A - Income Tax (New) Chp 5 - Income of Other Persons included in Assessee’s Total Income 20. Basic Rules - set off and carry forward of losses II