Commentary on Sections Overview Overview Section 755: Charge to tax on gains from transactions in land
2213.This section imposes the charge to income tax on gains from transactions in land. It is based on section 776(3A) of ICTA. It is the first of a group of sections (sections 755 to 760) which form the core of the Chapter.
2214.Subsection (2) signposts exemptions from the charge.