https://www.taxtmi.com/caselaws?id=27582 The court dismissed the writ petition challenging the deduction of income tax from jackpot winnings at the Madras Race Course. The Finance Act, 1972, expanded the definition of income to include winnings from races and gambling, eliminating exemptions for casual and non-recurring receipts. The petitioner's argument against the deduction was deemed invalid in light of these legislative changes and statutory obligations under sections 194BB and 203. The petition was converted to certiorarified mandamus, but relief was denied based on current legal provisions, resulting in the dismissal of the petition without costs. en-us Mon, 14 Nov 1983 00:00:00 +0530 Sat, 13 Feb 2010 17:05:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27582 The court dismissed the writ petition challenging the deduction of income tax from jackpot winnings at the Madras Race Course. The Finance Act, 1972, expanded the definition of income to include winnings from races and gambling, eliminating exemptions for casual and non-recurring receipts. The petitioner's argument against the deduction was deemed invalid in light of these legislative changes and statutory obligations under sections 194BB and 203. The petition was converted to certiorarified mandamus, but relief was denied based on current legal provisions, resulting in the dismissal of the petition without costs. Case-Laws Income Tax Mon, 14 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27582