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Income Tax - Highlights / Catch Notes

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Income from 'lottery' in response to investment in PPF - amount ...


High Court Rules PPF Lottery Income Not Taxable u/s 2(24)(ix) of Income Tax Act.

April 11, 2012

Case Laws     Income Tax     HC

Income from 'lottery' in response to investment in PPF - amount realised would not fall within the provisions of Section 2(24)(ix) and cannot be brought to tax - HC

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