https://www.taxtmi.com/caselaws?id=15998 Jackpot or race-winning income was treated as having accrued and been received before 1 April 1972, placing it in the accounting period 1971-72 relevant to assessment year 1972-73. Because the case involved no factual distinction from an earlier decision on identical facts, the same reasoning was applied. The reference was answered in the affirmative and against the Revenue, so the income was not assessable for assessment year 1973-74. en-us Sat, 24 Jan 1998 00:00:00 +0530 Mon, 31 Aug 2009 13:38:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15998 Jackpot or race-winning income was treated as having accrued and been received before 1 April 1972, placing it in the accounting period 1971-72 relevant to assessment year 1972-73. Because the case involved no factual distinction from an earlier decision on identical facts, the same reasoning was applied. The reference was answered in the affirmative and against the Revenue, so the income was not assessable for assessment year 1973-74. Case-Laws Income Tax Sat, 24 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15998