CAP. 112]
Inland Revenue
[1989 Ed.
Section
11D. Receipt of income
12. Adjustments to assessable income
12A. Treatment of losses
12B. Ascertainment of net chargeable income
12BA. Charitable donation
13. Calculation of salaries tax
PART IV
PROFITS TAX
14. Charge of profits tax
15. Certain amounts deemed trading receipts
15A. Transfer of right to receive income
15B. (Repealed)
15C. Valuation of trading stock on cessation of business
15D. Post-cessation receipts and payments
16. Ascertainment of chargeable profits
16A. Special payment under an approved retirement scheme allowable as a deduction
16B. Expenditure on scientific research
16C. Payments for technical education
16D. Approved charitable donations
16E. Purchase and sale of patent rights, etc.
17. Deductions not allowed
18. Basis for computing profits
18A. Assessable profits for the year of assessment 1974/75
18B. Basis for computing assessable profit for years of assessment commencing on 1 April 1975
18C. Commencement of source of profits in years of assessment commencing on or after 1 April 1974
18D. Cessation of source of profits in years of assessment commencing on 1 April 1975
18E. Change of accounting date and apportionments
18F. Adjustment of assessable profits
19. Treatment of losses
19A. Computation of losses
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