Manner of withdrawal of reliefU.K.
27(1)This paragraph applies where any relief has been obtained which—
(a)is subsequently found not to have been due, or
(b)falls to be withdrawn or reduced under this Part.
F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)F2... the relief shall be withdrawn or reduced by making an assessment to corporation tax under Case VI of Schedule D for the accounting period for which the relief was obtained.
Textual Amendments
F1Sch. 16 para. 27(2)(3) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 419(16)(a), Sch. 3 Pt. 1 (with Sch. 2)
F2Words in Sch. 16 para. 27(4) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 419(16)(b), Sch. 3 Pt. 1 (with Sch. 2)
Commencement Information
I1Sch. 16 para. 27 in force at 23.1.2003 by S.I. 2003/88, arts. 2, 3