NO. 606.–COURT OF SESSION, SCOTLAND (FIRST DIVISION).–

16TH AND 17TH DECEMBER, 1926.

Income Tax, Schedule D–Profits from stallion fees.

  The Appellant was a farmer and breeder of horses, and for these purposes occupied three farms in respect of which he was assessed to Income Tax under Schedule B. He was also the owner of a number of stallions which he used for the service of his own mares, and in addition he sold for fees their services to the mares of other owners, the stallions travelling ‘rounds’ for this purpose in the care of his own servants.   p. 525   

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