878Exclusion of credits or debits brought into account under other provisionsU.K.
This section has no associated Explanatory Notes
(1)A credit or debit is not required to be brought into account under this Chapter so far as a credit or debit representing the accounting difference in question is brought into account for tax purposes under a provision specified in subsection (2).
(2)Those provisions are—
(a)section 723 (revaluation),
(b)section 725 (reversal of previous accounting loss), or
(c)section 732 (reversal of previous accounting gain).