COPO, LTD. v SCRAGG (H.M. INSPECTOR OF TAXES)SCRAGG (H.M. INSPECTOR OF TAXES) v COPO, LTD. (1943-1949) 30 TC 28
NO. 1397–HIGH COURT OF JUSTICE (KING’S BENCH DIVISION)–
14TH AND 21ST JANUARY, 1947
COURT OF APPEAL–
4TH, 7TH AND 31ST JULY, 1947
Income Tax, Schedule B, Rule 8 – Apple growers – Sums received from subscribers for certain rights in relation to apple trees – Capital or income – Advances to subscribers against share of future profits – Deduction in computing profits.