Commentary on Sections Overview Overview Section 10: Rule 2: accrued income profits
51.This section gives credit relief in certain cases involving accrued income profits. It is based on sections 790(5), 793A(2) and (3) and 807(1) and (5) of ICTA.
52.Although this relief is not so termed in the source legislation, it is unilateral relief and is therefore rewritten in this group of sections.