https://www.taxtmi.com/caselaws?id=12760 The court held that the refund of prize money from unsold and unclaimed lottery tickets to the organizing agent did not fall under Section 194B of the Income-tax Act, 1961. The relationship between the Director of State Lotteries and the organizing agent was deemed as an agency, not a sale. The court concluded that the refund did not qualify as income from lottery winnings, as the agent was not the prize winner. The appeals were dismissed, affirming the lower court's decision. en-us Thu, 04 Apr 2002 00:00:00 +0530 Sun, 02 May 2010 23:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12760 The court held that the refund of prize money from unsold and unclaimed lottery tickets to the organizing agent did not fall under Section 194B of the Income-tax Act, 1961. The relationship between the Director of State Lotteries and the organizing agent was deemed as an agency, not a sale. The court concluded that the refund did not qualify as income from lottery winnings, as the agent was not the prize winner. The appeals were dismissed, affirming the lower court's decision. Case-Laws Income Tax Thu, 04 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12760