In Australian income tax, which item is classified as assessable income

 In Australian income tax, which item is classified as assessable income

 In Australian income tax, which item is classified as assessable income?

A. Gift received from family members

B. Salary income from employment

C. Lottery winning prize

D. Compensation for personal injury

Answer: B
Explanation: Employment salary is ordinary assessable income under Australian tax law. Gifts, lottery gains and personal injury compensation are generally non-assessable.