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She sold some jewellery online that had been given to her by her mother-in-law. Catherine was now divorced and had never liked the jewellery. Catherine
She sold some jewellery online that had been given to her by her mother-in-law. Catherine was now divorced and had never liked the jewellery. Catherine sold the jewellery for $4,000 . Explain whether or not the proceeds of these transactions are likely to constitute income under s CB 1, CB 3, CB 4 or CB 5
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