CA from one Business Source can’t be used when computing the Income from another Business Source
American Leaf Blending Co. SDN BHD v. DGIR Privy Council Tax Cases Lord Diplock, Viscount Dilhorne, Lord Edmund-Davies, Lord Russell Of Killowen, Sir Robin Cooke18 July 1978 JUDGMENT Lord Diplock (delivering the Judgment of the Board): [1] The appellant taxpayer (“the company”) was incorporated in 1960. The principal object for which it was established was […]
