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Income not forming part of total income and expenditure in relation to such income.

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Full Text of the Document

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....of total income and expenditure in relation to such income. (1) Irrespective of anything to the contrary contained in this Act, for the purposes of computing the total income under this Chapter, no....

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Full Text of the Document

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....re has been incurred, in relation to income which does not form part of the total income under this Act, he shall determine such amount of expenditure in accordance with any method, as may be presc....