According to a news item, Raees Abdul Haq Chandio, landlord of Goth Aitabar Khan Chandio, Sindh, was challenged by a Dubai-based Sheikh to have a cock fight against his rooster in Dubai. Raees Chandio’s rooster won the fight and won Rs 1.1 million for the Raees. Please answer the following :
- Is this income from a bet taxable ?
- Could the landlord declare it as his agricultural income and refrain from paying any taxes on it ?
- Since this bet was earned in foreign exchange, would the Raees get any rebate on this income ?
- Even though it is now public knowledge, yet can the Raees "conveniently forget" to declare this income ?
- Can the Raees deduct his traveling expenses plus the training, feeding, and grooming expenses for the cock from his winnings ?
- Is the Raees eligible for any award for bringing in Rs 1.1 million in foreign exchange for the country ?
- Could you please issue orders to the Airport Customs to treat the Raees as a Distinguished Person for earning this huge amount ?
- Could you also use your influence on Raana Sheikh to arrange a TV program on this feat ?
- Is it okay for Pakistanis to declare their off-shore gambling wins for rebate from the government, and could CBR issue a SRO specifically for this purpose ?