Case Law Details
Case Name : Angappan Rama Shankar Vs ITO (ITAT Chennai)
Related Assessment Year : 2022-23
Courts :
All ITAT ITAT Chennai
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Angappan Rama Shankar Vs ITO (ITAT Chennai)
Online gaming winnings addition remanded – Gross receipts taxed without verifying buy-in losses; fresh examination directed – ITAT Chennai
In Angappan Rama Shankar vs ITO (A.Y. 2022-23), the AO added entire gross winnings of ₹99.25 lakh from an online gaming portal as income, holding that losses cannot be set off against lottery winnings. The CIT(A) confirmed the addition ex-parte.
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