https://www.taxtmi.com/caselaws?id=65611 The Appellate Tribunal held that the tax deducted at source from lottery winnings should not be deducted from the prize money as it was not credited to the Central Government Account. Referring to relevant provisions of the Income-tax Act and a previous judgment by the Sikkim High Court, the Tribunal concluded that only the net amount of the lottery money should be included in the assessee's taxable income. The Tribunal directed the Income Tax Officer to allow relief to the assessee and exclude the tax deducted at source by Sikkim authorities from the taxable income, treating the appeal as allowed for statistical purposes. en-us Tue, 16 Jan 1990 00:00:00 +0530 Wed, 16 Feb 2011 18:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65611 The Appellate Tribunal held that the tax deducted at source from lottery winnings should not be deducted from the prize money as it was not credited to the Central Government Account. Referring to relevant provisions of the Income-tax Act and a previous judgment by the Sikkim High Court, the Tribunal concluded that only the net amount of the lottery money should be included in the assessee's taxable income. The Tribunal directed the Income Tax Officer to allow relief to the assessee and exclude the tax deducted at source by Sikkim authorities from the taxable income, treating the appeal as allowed for statistical purposes. Case-Laws Income Tax Tue, 16 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65611