Commission, etc., on the sale of lottery tickets

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....ncome by way of commission, remuneration or prize (by whatever name called) on such tickets in an amount exceeding ^8[twenty thousand rupees] shall, at the time of credit of such income to the account of the payee or at the time of payment of such income in cash or by the issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at the rate of ^7[two per cent....

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.... total income of any person who is or has been stocking, distributing, purchasing or selling lottery tickets justifies the deduction of income-tax at any lower rate or no deduction of income-tax, as the case may be, the Assessing Officer shall, on an application made by such person in this behalf, give to him such certificate as may be appropriate." Earlier, Inserted vide Section 73 of the....