Ahmad Shahniaei,
Volume 29, Issue 51 (12-2021)
Abstract
Although the term “income” denotes various meaning over the other science but it has definite character and elements in the field of tax law. In no tax system over the world, that term does not involve unlimited inclusion to include every gains but is subject to material limitations and elements. The meaning and elements of taxable income is explained and analyzed in several bases like the source theory, capital gain theory as well as some material elements on income like accretion to wealth, control of the taxpayer over the gain in terms of consumption and realization requirement. This article is to find and present the character and elements of taxable income by analyzing those bases and elements on the basis of scientific theories and explaining the tax and judicial practice.
