https://www.taxtmi.com/caselaws?id=21568 The court held that the bonus money received on the sale of lottery tickets was taxable income and not casual income. The bonus was deemed to be incidental to the business of selling lottery tickets, unlike a previous case involving income solely from horse races. Additionally, the bonus income was considered assessable for the assessment year 1972-73 due to the assessee's receipt of the bonus after April 1, 1971, and their accounting method. The Tribunal's decision was upheld, and the assessee was directed to pay costs to the Department. en-us Wed, 28 Aug 1991 00:00:00 +0530 Wed, 25 Nov 2009 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21568 The court held that the bonus money received on the sale of lottery tickets was taxable income and not casual income. The bonus was deemed to be incidental to the business of selling lottery tickets, unlike a previous case involving income solely from horse races. Additionally, the bonus income was considered assessable for the assessment year 1972-73 due to the assessee's receipt of the bonus after April 1, 1971, and their accounting method. The Tribunal's decision was upheld, and the assessee was directed to pay costs to the Department. Case-Laws Income Tax Wed, 28 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21568