Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Income and Corporation Taxes Act 1970 (repealed 6.4.1992)

Chapter I

  • Section 168 Set-off against general income.
  • Section 169 Extension of right of set-off to capital allowances.
  • Section 170 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • Section 171 Carry-forward against subsequent profits.
  • Section 172, 173 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  • Section 174 Carry-back of terminal losses.
  • Section 175—237 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  1. Chapter I
  2. Carry-back of terminal losses.

Section 174 | Carry-back of terminal losses.

From legislation.gov.uk

(1)RepealedF1

(13)Where a person occupying woodlands has elected to be charged to income tax in respect thereof under Schedule D, this section shall apply to a terminal loss sustained by him in the occupation of the woodlands as it applies to a terminal loss sustained in a trade.F2

Notes

  1. F1

    Part VII to Part X (ss. 168–237) repealed (except for ss. 168(8), 169(10), 171(5) and 174(13)) by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 844, Sch. 31.

  2. F2

    Ss. 168(8), 169(10), 171(5) and 174(13) repealed (6.4.1993) by Finance Act 1988 (c. 39, SIF 63:1, 2), s. 148, Sch. 14 Pt. V.

PreviousNext
PrivacyTerms