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(a) Every source of income, unless excluded is considered to be a part of Gross income List out any 4 of such sources of income.

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(a) Every source of income, unless excluded is considered to be a part of "Gross income List out any 4 of such sources of income. (2 Marks) (b) Method of Accounting plays an important role in determination of Income of a person. Explain the impact of each of the Accounting Methods based on a hypothetical illustration

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