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Mary won $ 7 , 0 0 0 from a lucky draw conducted by her local bank, where she has a savings account. Whether the
Mary won $ from a lucky draw conducted by her local bank, where she has a savings account. Whether the $ prize assessable income?
Yes, there is a nexus Connection between her winning and her deposit account in the bank
No it is part of the capital
Yes, it is a fruit
No it is just a windfall gain
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