§ Motion made, and Question,
§ 20. That charges to income tax, corporation tax and the profits tax, including charges for past years of assessment, accounting periods 1021 and chargeable accounting periods, may be imposed by provisions relating to—
- (a) the set off of capital allowances against total profits chargeable to corporation tax,
- (b) amendments of sections 292 and 296 of the Income Tax Act 1952 in connection with cases where no initial allowance is made in respect of machinery or plant.
- (c) the resolution of doubts on the construction of provisions relating to capital allowances.—[Mr. Callaghan.]
§ put and agreed to.