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Prize money winning out of unsold lottery tickets - business income OR income from other sources - A.O. treated this income separately and assessed the income as income from other sources and assessed tax accordingly - ITAT upheld the decision of CIT(A) who has deleted the additions - Tri

Income Tax - Prize money winning out of unsold lottery tickets - business income OR income from other sources - A.O. treated this income separately and assessed the income as income from other sources and assessed tax accordingly - ITAT upheld the decision of CIT(A) who has deleted the additions - Tri - TMI Updates - Highlights .....

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