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Explain the tax treatment of income from undisclosed sources of income. [Hint: Your answer should also include how the tax treatment of all other types
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Explain the tax treatment of income from undisclosed sources of income. [Hint: Your answer should also include how the tax treatment of all other types of income is different from undisclosed incomes. Using an example would be a better solution]
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Enumerate the items of deductions allowable in computing income from other sources. (2.5+2.5 = 5 marks)
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