Section 2(24) (ix) provides that any winnings from lotteries, crossword puzzles, races, including horse races, card games and other games of any sort, including TV games, or from gambling or betting or any form or nature whatsoever will be included in the definition of “income from other sources”.
It is clearly provided in Section 58 that no deduction in respect of any expenditure or allowance would be allowed in connection with income by way of winnings from lotteries, crossword puzzles, races—including horse races, card games and other games of any sort or from gambling of betting of any form or nature. |
