https://www.taxtmi.com/caselaws?id=771024 Taxability of a scratch card receipt as lottery winnings under the Income-tax Act depended on verification of the underlying facts, including whether the amount was in fact a prize or a gift. Because the lower authorities had not adjudicated that factual controversy and the existing findings were insufficient for a conclusive determination, the matter was remanded to the Assessing Officer for fresh examination. The assessment order was set aside and a de novo order was directed after granting the assessee a reasonable opportunity of hearing. en-us Thu, 06 Feb 2025 00:00:00 +0530 Tue, 20 May 2025 08:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771024 Taxability of a scratch card receipt as lottery winnings under the Income-tax Act depended on verification of the underlying facts, including whether the amount was in fact a prize or a gift. Because the lower authorities had not adjudicated that factual controversy and the existing findings were insufficient for a conclusive determination, the matter was remanded to the Assessing Officer for fresh examination. The assessment order was set aside and a de novo order was directed after granting the assessee a reasonable opportunity of hearing. Case-Laws Income Tax Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771024