[837E Allowable deductions]
Income Tax Act 2007 (2007 c 3) | Legislation

[837E  Allowable deductions]

[(1)     In calculating the amount on which income tax is charged under this Chapter for a tax year, deductions are allowed in accordance with this section from the amount which would otherwise be chargeable to income tax under this Chapter.

(2)     A deduction is allowed for the total sum of all losses, expenses and debits within

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