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AI Summary of 108. Statement of profits.

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 November 1997 - onwards

108. Statement of profits.

Every statement of profits to be charged under Schedule D which is made by any person -

(a) on that person's own account, or

(b) on account of another person for whom that person is chargeable, or who is chargeable in that person's name,

shall include every source of income so chargeable.