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2008 (4) TMI 161 - HC - Income TaxPetitioner won a lottery - prize money was paid to the petitioner in February, 1992 - petitioner in her return for the A.Y. 1992-93 disclosed the receipt of the prize money and also paid the tax due on it - Assessing Officer, on some misconception thought that as the petitioner has won the lottery in January, 1992, the receipt of the prize money would form part of the A.Y. 1991-92 – AO is not justified in passing ex parte assessment order for year 1991-92 and raising demand & imposing penalty
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