Which of the Following Statements Is not True in Regard

Which of the following statements is not true in regard to the distinction between income and capital receipts?

A) The distinction is no longer relevant as capital gains are now taxed just the same as income receipts
B) Capital receipts are not included in ordinary income and so the distinction is still relevant
C) Capital receipts are subject to different taxing rules than income receipts and so the distinction is still relevant
D) The tree and the fruit analogy is still useful in distinguishing between income and capital receipts