Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1988 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1988 (8) TMI 47 - MADHYA PRADESH HIGH COURTExtract: .......f Lotteries. In these circumstances, the Tribunal, in our opinion, was justified in holding that the lottery ticket in question had no fair market value as on March 31, 1977. For all these reasons, our answer to the question referred by the Tribunal is in the affirmative and against the Revenue. Parties shall bear their own costs of this reference.
|