No. 1411 – HIGH COURT OF JUSTICE (KING’S BENCH DIVISION) –

16TH AND 19TH JULY, 1948

Income Tax, Schedule D – Deduction – Lump sum payment to obtain release from a contingent liability to pay annuity to widow of former owner, now governing director of the company’s business – Income Tax Act, 1918 (8 & 9 Geo. V. c. 40), Schedule D, Cases I and II, Rule 3.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.