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which of the following receipt would most like to be assessed as ORDINARY income under s6-5 ITAA9? An amount of 10,000 received from a lottery
which of the following receipt would most like to be assessed as ORDINARY income under s6-5 ITAA9?
- An amount of 10,000 received from a lottery won by an individual taxpayer who reguarlarly enters competition
- A lump sum payment received by a school boy representative football player from a sydney club for agreeing not to play for any other team
- a prize of 10,000 cash that a football player in AFL received from channel 7 news .
- a cash prize of 5000 received by a tax payer for winning a tv quiz show.
- proceed from the sale of 60 hectares of land received by grower who sold of quarter of his land in order to downsize his holdings
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