Home / 
Court Rules Trust, Not Individual, Liable for Tax on Lottery Income Received by Trust.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Levy of tax on the whole of the lottery income - the amount was received by the trust and not by the individual in his individual capacity - all the authorities have seriously committed error in holding that the assessee is liable to pay tax - HC....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI