Non-accounted business losses are not deductible

ATA/315/1996Tribunal de Justiça / Câmara Administrativa29 de mai. de 1996Dismissed

Extraído pela Omnilex

Resumo Omnilex

The case concerns a tax deduction claim for commercial losses. The court held that business losses which were not booked in the accounts cannot be deducted. The taxpayer's request was therefore rejected.

Sumário Omnilex

LCP. 21 litt. l; impôt; déduction des pertes commerciales: seules les pertes effectivement comptabilisées sont déductibles. Les pertes commerciales non inscrites dans la comptabilité ne peuvent pas être portées en déduction, la déduction fiscale étant conditionnée par une comptabilisation régulière et vérifiable.

Texto completo

Descripteurs

IMPOT; DEDUCTION(SENS GENERAL); PERTE(ARGENT); FIN

Normes

LCP.21 litt.l

Résumé

Des pertes commerciales non comptabilisées ne peuvent être déduites.

Palavras-chave

taxationdeductionbusiness lossaccountinglosses

Extraído pela Omnilex

Questões jurídicas principais extraídas pela Omnilex

Questão jurídica principal

Whether non-accounted business losses are deductible for tax purposes.

Decisão extraída

No. Business losses that were not properly recorded cannot be deducted.

Fundamentação extraída

The decision applies the rule that only duly accounted commercial losses qualify for deduction; losses not entered in the accounts are excluded from deduction.

Non-accounted business losses are not deductibleGerado por IA