https://www.taxtmi.com/caselaws?id=24585 Under the M.P. State Lottery Rules, 1969, official publication of the prize-winning numbers in the Gazette constituted the draw's official announcement, and a prize claim had to be made within 30 days and accepted by the Director of Lotteries. As the Tribunal found that the list had not been published by 31 March 1977 and the claim had not been accepted by that date, the lottery ticket was held to have no fair market value on that date, against the Revenue. en-us Wed, 03 Aug 1988 00:00:00 +0530 Thu, 21 Jan 2010 10:35:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24585 Under the M.P. State Lottery Rules, 1969, official publication of the prize-winning numbers in the Gazette constituted the draw's official announcement, and a prize claim had to be made within 30 days and accepted by the Director of Lotteries. As the Tribunal found that the list had not been published by 31 March 1977 and the claim had not been accepted by that date, the lottery ticket was held to have no fair market value on that date, against the Revenue. Case-Laws Wealth-tax Wed, 03 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24585