TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income from special sources includes unabsorbed losses; negative total is treated as nil per Part III, First Schedule.</h1> Income from special sources, as defined in Part III of the First Schedule, is considered the current income for the financial year. This income is combined with any unabsorbed losses from the previous year to determine the gross total income from the special source. If the gross total income is negative, it is treated as 'nil,' and the absolute value becomes the unabsorbed current loss. The gross total income from each special source is aggregated to determine the total income from special sources for the financial year.
TaxTMI 
TaxTMI 
