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You are given 3 very different situations. Analyse each case separately. For each case you
must determine the following:
• Why the receipt may not he income
• Why the receipt may be income
• Reasons why the receipt can be business income
• Reasons why it is not business income
3
You are given 3 very different situations. Analyse each case separately. For each case you
must determine the following:
• Why the receipt may not he income
• Why the receipt may be income
• Reasons why the receipt can be business income
• Reasons why it is not business income
3
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