SolvedChapter 11 Trade profits: valuation of stock on cessation of trade
From legislation.gov.uk
Contents
- Section 162 Valuation of trading stock on cessation
- Section 163 Meaning of “trading stock”
- Section 164 Basis of valuation of trading stock
- Section 165 Sale basis of valuation: sale to unconnected person
- Section 166 Sale basis of valuation: sale to connected person
- Section 167 Sale basis of valuation: election by connected persons
- Section 168 Connected persons
- Section 169 Cost to buyer of stock valued on sale basis of valuation
- Section 170 Meaning of “sale” and related expressions
- Section 171 Determination of questions