Question

1. On Sale of goods illegally imported from a foreign country C generates a surplus of 7 5,500. As
the income is derived from an illegal activity, it is not chargeable to tax.

2.A birthday gift received by V from his father 20,000 is not taxable as income of V.

3. Out of 29,000 per month received by Mrs. V from her husband for household expenses, she
saves approximately 1,200 per month which is deposited by her in a bank account. 12.400 is
"Income" of Mrs. V.

Refer the above 3 statement n say weather it is true or false​

Answer 1

Answer:

don't know but I'm trying to solve it as soon as possible