Section 809AZC | Exception: amount otherwise taxed

This Chapter does not apply if and to the extent that the income under section 809AZB(1) is (apart from this Chapter)—^F1

(a)charged to tax as income of the transferor,^F1

(b)brought into account in calculating the profits of the transferor, or^F1

(c)brought into account under CAA 2001.^F1