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How would a lump sum payment paid as compensation for the loss of contracts which represented the whole of the taxpayer's business likely be considered

How would a lump sum payment paid as compensation for the loss of contracts which represented the whole of the taxpayer's business likely be considered for tax purposes? a. Income as all receipts connected with a business are likely to be of an income nature b. Income as the payment is likely to be based on the profits lost c. Capital and so not assessable as ordinary income. d. Capital as lump sum payments are always capital in nature

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