SHOVE (H.M. INSPECTOR OF TAXES) v DURA MANUFACTURING CO., LTD. (1938-1941) 23 TC 779
No. 1179–HIGH COURT OF JUSTICE (KING’S BENCH DIVISION)–
25TH, 26TH AND 27TH MARCH, 1941
Income Tax, Schedule D – Lump sum payment as compensation for cancellation of contract to pay commission – Commission agency outside company’s usual line of business – Whether capital receipt or profits of trade.