https://www.taxtmi.com/caselaws?id=221247 The High Court of Allahabad held that income earned from winning the Sikkim State lottery is subject to taxation under the Income Tax Act, 1961. The Court ruled in favor of the tax department, stating that since the lottery ticket was purchased by the assessee in New Delhi and the prize money was received in India, the income accrued in India, making it taxable. The judgment emphasized that income received in India is liable for taxation regardless of where it arose, and therefore, the assessee was deemed liable to pay income tax on the prize money received from winning the lottery. en-us Mon, 18 Feb 2013 00:00:00 +0530 Fri, 01 Mar 2013 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221247 The High Court of Allahabad held that income earned from winning the Sikkim State lottery is subject to taxation under the Income Tax Act, 1961. The Court ruled in favor of the tax department, stating that since the lottery ticket was purchased by the assessee in New Delhi and the prize money was received in India, the income accrued in India, making it taxable. The judgment emphasized that income received in India is liable for taxation regardless of where it arose, and therefore, the assessee was deemed liable to pay income tax on the prize money received from winning the lottery. Case-Laws Income Tax Mon, 18 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221247