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Q- 1. Explain the tax treatment of income from undisclosed sources of income. [Hint: Your answer should also include how the tax treatment of all
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1. 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]
2. Enumerate the items of deductions allowable in computing income from other sources.
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