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In addition to trading profit, during the same year ended 31 December 2019, John received property income of 5,000 but accidently entered the figure in
In addition to trading profit, during the same year ended 31 December 2019, John received property income of 5,000 but accidently entered the figure in his tax return as 500. He also received other taxable income of 7,000 and deliberately declares 5,000 in his tax return. Critically discuss the tax implications of these two scenarios
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