Section 24: Business income.

“Business income” means the profits or gains arising from a business and includes— a) gains on the disposal of business assets (other than depreciable assets) or on the satisfaction of business debts, whether or not the asset or debt was on capital or revenue account; b) amounts included in assessable income under subsection (8) of section 39; c) gifts received by a person in the context of a business relationship; d) a payment received as consideration for accepting a restriction oft the capacity to carry on business; e) interest derived in respect of trade receivables or interest accruing to a person engaged in the business of banking or money lending; f) rent derived by a person whose business is wholly or mainly the holding or letting of property; and g) amounts received in respect of trading stock under a policy of insurance or contract for indemnity.