(a) Compute the taxable income of Mr Cyrus Banaji for the relevant tax year under the appropriate heads of income. Your answer should give clear reasons/explanations for the inclusion or exclusion in the computation of taxable income of each of the items listed above. The reasons/explanations for the items not listed in the computation of taxable income should be shown separately. Specific marks have been allocated for this part of the requirement. (21 marks)
