§ MR. COMBE (Surrey, Chertsey)I beg to ask the Chancellor of the Exchequer whether a new Regulation has been made whereby Income Tax, assessed on imaginary farming profits, is not returned when it is proved that a loss has been incurred, and not profit; and whether a farmer having income from other sources is required to make a return of his whole income before abatement of Income Tax is allowed?
§ THE CHANCELLOR OF THE EXCHEQUER (Sir W. HARCOURT,) DerbyThere is no Regulation which operates in the way indicated. If by abatement of Income Tax is meant the statutory abatement allowed to persons whose income from all sources is under a certain limit, it is, of course, necessary that a return of the whole income should be shown. If the hon. Member has founded his question on a particular case, and will give me the facts, I will cause inquiries to be made and will communicate the result to the hon. Member.