Chapter 5 Deductible Amounts

Section 13 : General deduction

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Any person may, for the purpose of computing his income from any business or investment in any income year, deduct the following expenditures related to the transactions subject to this Act:-

a)  Made in that income year,

b) Made by that person, and

c) Made in earning income from the business or investment.

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Section 13 : General deduction

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