Which of the following options does not form part of gross income definition? A. All types of receipts or accruals, regardless of their nature, are included in gross income. B. The amount must be received by or in favour of or accrued to a taxpayer. C. The total amount received must be in cash or otherwise. D. The amount must be received during the year of assessment in question. Identify the correct statement regarding the calculation of taxable income of a natural person A. Donations that are not paid to a public benefit organisation are accounted for under section 11(a) of the Income Tax Act 58 of 1962 deductions when calculating taxable income. B. Deductions relating to section 11(a) of the income Tax Act 58 of 1962 are accounted for before deductions relating to retirement contributions C. Retirement fund deductions are accounted for after all deductions have been taken into account when calculating taxable income. D. Taxable capital gains are not taken into account when calculating taxable income as they relate to receipts of capital nature