s 22 Gross income generally
(1) Subject to this Act, the gross income of a person from a source of his for the basis period for a year of assessment shall be the gross income from that source for that period ascertained in accordance with the following provisions of this Chapter (that person and that period being referred to in those provisions as the relevant person and the relevant period respectively). (2) Subject to this Act, the gross income of a person from a source of his for the basis period for a year of assessment shall include any sums receivable or deemed to have been received for that basis period in relation to that source by way of— (a) insurance, indemnity, recoupment, recovery, reimbursement or otherwise— (i) where such sums are in respect of the kind of outgoings and expenses deductible in ascertaining the adjusted income of that person from that source; or (ii) under a contract of indemnity; (b) compensation for loss of income from that source; and (c) a rebate under section 6B .