Deduction for terminal allowance

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... person shall be allowed a terminal allowance in respect of a block of asset if,- (a) the block of assets have ceased to exist by reason of being demolished, destroyed, discarded or transferred during .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... that block, acquired during the financial year; and C = the amount accrued or received in respect of the assets which are demolised, destroyed, discarded or transferred during the financial year toge .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X