How much is the taxable income of Jayjay

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Question - Jayjay filed a libel case against LJ for putting so much shame on him through unfounded and defamatory remarks. Jayjay was hospitalized due to the incident. As a result, LJ was ordered by the court to pay the following:

Hospital dues of P200,000

Actual Damages of P100,000

Exemplary damages of P50,000

Loss of income amounting to P300,000

Moral Damages of P100,000

Required - How much is the taxable income of Jayjay?

Reference no: EM132547809

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