This income will be IOS only & beyond doubts, I can say that as the assessee has won a lottery, & nowhere in sec 28 - 44 it is stated that any type of winning from lottery or any such income is Bp income, but it clearly states Income from bp is income earned or loses made from business / venture dealings & left over stock of lottery winning prize has nothing to do with business dealing, Assessee can claim a business stock loss as left over Lotteries after draw are obsolete & non usable/scrap stock so can be w/off in p & L a/c but Winning from lottery in any case is IOS, & cannot be treated as B/P income However in this typical but a good knowledge bank que. I request some qualified & learned members to Pls send a correct ans & also tell me if I am wrong where & technically how i am wrong it will add to my knowledge sir