INCOME TAX ACT 1967 (ACT 53)
PART III - ASCERTAINMENT OF CHARGEABLE INCOME
Chapter 4- Adjusted income and adjusted loss




Section 36. Power to direct special treatment in the computation of business income in certain cases.


(1) Notwithstanding any other provision of this Part, where the Director General is satisfied that there is a need for some treatment in computing-
[Subs. Act 309:s.9]

he may give directions and formulate regulations to be published in the
for special treatment with respect to any such transaction, either in relation to a particular business or in relation to any business having any such transaction:

Provided that no such directions and regulations shall have effect in relation to a business for any year of assessment with respect to which an assessment wholly or partly relating to income from that business has become final and conclusive or is the subject of an appeal which has been sent forward to the Special Commissioners.

[Subs. Act 309:s.9]
(2) Any direction given under subsection (1) with respect to the gross income and adjusted income from a business or businesses may-


Related reading:
[Act 309:s.9]


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