Prize Money

Chit Fund - Income - Loss - ITAT - Taxscan
Participation in Chit Fund for Raising Fund: Difference b/w Subscription Amount Paid and Prize money received allowable as Income/Loss, rules ITAT [Read Order]
September 30, 2021
Prize Money - stakes - GST - AAAR - Taxscan
No GST applicable on Prize Money / stakes in absence of Supply: AAAR [Read Order]
September 29, 2020
Prize Money - GST - Horse Race - Taxscan
Prize Money from Horse Race attracts 18% GST: AAR [Read Order]
October 17, 2019
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