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Taxation



Tax has been and still is a major contributor to the government’s expenditure money. Many states depend on this as their primary source of income for financing their budgets. As […]

Table of Content Answer 1 Matter Relevant law of this question Application of the Law of this issue Conclusion Answer 2 Matter Relevant Law used for this purpose Application of […]

Contents Question 1 Question 2 A B C References Question 1 Assessable income when falls under ordinary concepts is called ordinary income under Income Tax Assessment 1997 – Section 6-5 […]

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