12 months, no Income tax should be charged upon any profits from the same business during three Subsequnet accounting the same business during three subsequent accounting periods until such profits exceed in amount the net loss in the net loss in the proceeding accounting period.

Ministry/ Department/ Residency Finance Department
Branch Separate Revenue
From Year / Date
(YYYY-MM-DD)
1922-05
To Year / Date
(YYYY-MM-DD)
1922-05
Identifier PR_000001471608
File No./Reference No./Sheet No./Folio No. Progs., Nos. 215-219, May 1922 (B)
Part No. PART C
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