https://www.taxtmi.com/highlights?id=50068 Taxation of Value of 1 kg. of gold as winning from “Lottery” - Essential ingredients of `lottery’ as it stood prior to the insertion of Explanation to section 2(24)(ix) of the I.T.Act is absent in the facts and circumstances of the case and the same cannot be taxed as a `lottery’ en-us Wed, 06 Nov 2019 11:14:43 +0530 Wed, 06 Nov 2019 11:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50068 Taxation of Value of 1 kg. of gold as winning from “Lottery” - Essential ingredients of `lottery’ as it stood prior to the insertion of Explanation to section 2(24)(ix) of the I.T.Act is absent in the facts and circumstances of the case and the same cannot be taxed as a `lottery’ Highlights Income Tax Wed, 06 Nov 2019 11:14:43 +0530 https://www.taxtmi.com/highlights?id=50068