2. Definitions

In this Act unless the context otherwise requires:

(e) Income means :

(i) Profits and gains;

(ii) dividends and interests;

(iii) the value of any benefit or perquisite, whether convertible into money or not, obtained from a company either by a director or a person who has a substantial interest in the company, and any sum paid by any such company in respect of any obligations, which, but for such payment would have been payable by the director or other person aforesaid, accruing or arising to a person within the State from any profession, trade or calling other than agriculture.