158 Lease premiums etc: reduction of receipts
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

158  Lease premiums etc: reduction of receipts

(1)     This section applies for the purpose of calculating the profits of a trade of dealing in land if a receipt of the trade falls within one of the following categories—

(a)     lease premiums within section 277,

(b)     sums within section 279 (sums payable instead of rent),

(c)     sums within section 280 (sums payable for surrender of a lease),

(d)

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