Rules differing from generally accepted accounting practice (s 320-327)

Contents

Section 320 – Credits and debits treated as relating to capital expenditure [CTA 2009 s 320] Section commentary
Section 320A – Amounts recognised in other comprehensive income and not transferred to profit or loss [CTA 2009 s 320A] Section commentary
Section 320B – Hybrid capital instruments: amounts recognised in equity [CTA 2009 s 320B] Section commentary
Section 321 – Credits and debits recognised in equity [CTA 2009 s 321] Section commentary
Section 321A – Restriction on debits resulting from release of loans to participators etc [CTA 2009 s 321A] Section commentary
Section 322 – Release of debts: cases where credits not required to be brought into account [CTA 2009 s 322] Section commentary
Section 323 – Meaning of expressions relating to insolvency etc [CTA 2009 s 323] Section commentary
Section 323A – Substantial modification: cases where credits not required to be brought into account [CTA 2009 s 323A] Section commentary
Section 323B – Insurers in financial difficulties: write-down orders [CTA 2009 s 323B] Section commentary
Section 324 – Restriction on debits resulting from revaluation [CTA 2009 s 324] Section commentary
Section 325 – Restriction on credits resulting from reversal of disallowed debits [CTA 2009 s 325] Section commentary
Section 326 – Writing off government investments [CTA 2009 s 326] Section commentary
Section 327 – Disallowance of imported losses etc [CTA 2009 s 327] Section commentary

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