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The stake includes all expenses incurred by the player to obtain a chance of winning the game. Virtual slots and online poker games are subject. That is tds rate. Income you have to file yearly. Hi, · dear sir, · as per section 115bb of the income tax act the current rate of income tax. More than $5,000 in winnings (reduced by the wager or buy-in) from a poker tournament; any winnings subject to a federal income-tax withholding requirement. No money changed hands. You learned the ins and outs of the game, though, and found you were really good. Then poker blew up. It was all over
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