ITAT directs AO to Reconsider Whether Taxed Amount is Lottery Win or Gift

Surendra Ram Bharti Vs ITO (ITAT Ranchi)

Ranchi: The Income Tax Appellate Tribunal (ITAT), Ranchi bench, has sent back a case to tax authorities to determine whether an amount of Rs 31,900 received by a taxpayer was indeed lottery winnings, taxable at a higher rate, or a gift as claimed by the individual. The tribunal observed that the lower tax authorities had failed to properly investigate the factual nature of the receipt before imposing tax.

The case involves Surendra Ram Bharti and the Income Tax Officer for the Assessment Year 2008-09. The tax department had asserted t

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