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cb4 of the income tax act says an amount that a person derives from disposing of perosnal proeprty is icnoem of the person if they
cb4 of the income tax act says an amount that a person derives from disposing of perosnal proeprty is icnoem of the person if they acquired the property for the purpose of disposing it. An amount that a person derives from disposing of personal property. In short if you buy something, with purpose of selling it, and you sell it for more than what you pay for it, then the gain is income
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