Taxability of prize money of 1 kg. of gold won by the assessee – ...

Case Laws Income Tax

October 21, 2014

Taxability of prize money of 1 kg. of gold won by the assessee – The expression 'lottery' would involve an element of 'chance' whereas when a person is making investment in a scheme like Savings Scheme then there is no element of 'chance' nor he loses any money invested by him - HC

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Taxability of prize money of 1 kg. of gold won by the assessee – ...

Case Laws Income Tax

October 21, 2014

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