COMPUTATION OF INCOME FROM SPECIAL SOURCES

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ccrual or receipt, as the case may be; (b) any amount accrued or received as reimbursement of any expenditure incurred by the person; and (c) any tax borne by the person by whom the income is payable. 3. No deduction or allowance or set-off of any loss shall be allowed in computation of income from the special sources. 4. The income computed under paragraph 2 shall be presumed to have been c....