Income Tax Act (Cap. 123)
Income Tax Act (Cap. 123), article 25
25. For the purposes of articles 14 to 24 both inclusive,
expenses incurred in the producti on of, and allowable deduction s
given in respect of, income de rived from profits which are
allocated to a taxed account mus t first be deducted against suc h
income.
114 CAP. 123.] INCOME TAX
Deductions not to
be allowed.
Amended by:
V .1958.5;
XXII. 1976.4;
XXIV .1976.3;
XXVI.1977.8;
XXVIII. 1978.9.
Renumbered by:
XVII. 1994.2.
Amended by:
XX.1996.10;
II. 2002.48;
IV . 2011.14;
XVIII.2021.17.
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