»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp UK Courts have been applying our Income Tax law since, broadly, the latter part of the nineteenth century. »Ê¹ÚÌåÓýappse decisions have produced case law which helps the application of the statute in similar situations. In addition, principles of wider application have evolved. Principles relevant to trade profits are discussed as follows:

»Ê¹ÚÌåÓýapp principles apply equally to the trade profits of companies.