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INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 6.1
Diagram showing relationships among concepts in this Division
(DIAGRAM OMITTED - SEE PRINTED COPY)
(1) Assessable income consists of *ordinary income and *statutory income.
(2) Some *ordinary income, and some *statutory income, is *exempt income.
(3) *Exempt income is not assessable income.
(4) Some *ordinary income, and some *statutory income, is neither assessable
income nor *exempt income.
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