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Notional interest cannot be added to rental income without making an enquiry about Annual Letting Value
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Corporate Tax
Notional interest cannot be added to rental income without making an enquiry about Annual Letting Value
Posted on
on
September 26, 2013
Tenet Tax Daily September 26 2013
By
tenettax-team
Corporate Tax
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Issue not raised before Tribunal cannot be allowed and permitted to be discussed at High Court
Benefit of ± 5 per cent only a tolerance range- not a standard deduction for computing ALP