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Which of the following is not a taxable income? A. Bad debts previously deducted as item of expense and partially recovered subsequently. B. Tax

Which of the following is not a taxable income? A. Bad debts previously deducted as item of expense and

Which of the following is not a taxable income? A. Bad debts previously deducted as item of expense and partially recovered subsequently. B. Tax expense previously disallowed as deduction from taxable income, fully refunded subsequently. C. Income from gambling. D. Income from usurious financing. A

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