531 Exemption for property income etc
Income Tax Act 2007 (2007 c 3) | Legislation

531  Exemption for property income etc

(1)     Income which is chargeable to income tax under Part 2 of ITTOIA 2005 (trading income) as a result of section 261 of that Act is not taken into account in calculating total income so far as—

(a)     it arises in respect of rents or other receipts from an estate,

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