1. Cash stolen by a pickpocket 2. From the result of a bet on the outcome of a rugby match. 3. As a restraint of trade payment received by a natural person in respect of employment 4. As compensation for damages to an office block owned by a property investor. 5. As a loss of profits insurance claim. 6. From the sale of shares held as investment. 7. From the sale of shares held as trading stock 8. As inheritance from a deceased estate. 9. As lump-sum goodwill amount on the sale of a business. 10. From backing the winner of a major horse race
REQUIRED:
, List 5 (five) components of gross income as set out In Section 1 of the Income Tax Act. (5 Marks)