Continuing our series of basic informative articles Lakshmi Narain outlines the basic issues involved when using accounting for tax
Introduction
The importance in determining profits for the purposes of Schedule D Cases I and II and for Schedule A businesses of accounting practice is unquestionable. Recent articles in this journal (see in particular the articles by Maurice Parry-Wingfield and Graeme MacDonald regarding the Secan decision (Issues 664 665 and 682) and the author's comment in the Introduction in this issue of The Tax Journal) recognise the difficult conceptual issues that have been generated by the half-hearted adoption of accounts for tax purposes. It is clear that major problems are arising from a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Continuing our series of basic informative articles Lakshmi Narain outlines the basic issues involved when using accounting for tax
Introduction
The importance in determining profits for the purposes of Schedule D Cases I and II and for Schedule A businesses of accounting practice is unquestionable. Recent articles in this journal (see in particular the articles by Maurice Parry-Wingfield and Graeme MacDonald regarding the Secan decision (Issues 664 665 and 682) and the author's comment in the Introduction in this issue of The Tax Journal) recognise the difficult conceptual issues that have been generated by the half-hearted adoption of accounts for tax purposes. It is clear that major problems are arising from a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
