I-3 - Taxation Act

Section 94 Disposition versions

2006-03-01

94. Where, at the end of a taxation year, the amount determined under the second paragraph of section 93 in respect of a taxpayer’s depreciable property of a prescribed class exceeds the aggregate of the amounts determined under subparagraphs i to ii.3 of subparagraph e of the first paragraph of that section in respect thereof, the excess shall be included in computing the taxpayer’s income for the year.

1972, c. 23, s. 83; 1975, c. 22, s. 10; 1977, c. 26, s. 10; 1982, c. 5, s. 28; 1990, c. 59, s. 52; 2001, c. 53, s. 31.