Finance Act, 1975
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Definition of “capital allowance”. |
33.—(1) In the Income Tax Acts, save where the context otherwise requires, “capital allowance” means any allowance (other than an allowance or deduction to be made in computing profits or gains) under— | |
(a) Parts XIII to XVIII of the Income Tax Act, 1967 , | ||
(b) section 22 of the Finance Act, 1971 , | ||
(c) the Finance (Taxation of Profits of Certain Mines) Act, 1974 , or | ||
(d) section 22 of the Finance Act, 1974 , | ||
and “capital allowances” shall be construed accordingly. | ||
(2) Part II of the First Schedule shall have effect for the purpose of supplementing this section. |