CA from one Business Source can’t be used when computing the Income from another Business Source
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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 […]