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Tuentify the correct statement (i) Taxable gains hivans the gains after deductimg the annual exemption amount and curcent yeat (ii) Taxable gains tieans the gilius

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Tuentify the correct statement (i) Taxable gains hivans the gains after deductimg the annual exemption amount and curcent yeat (ii) Taxable gains tieans the gilius betore deducting the anmaal exemption amount and any brousht formarnd loxses formatrd locses 8. Only (ii) C. Both (i) and (ii) D. Both (i) and (ii) are incorrect

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