No. 1474–COURT OF SESSION (FIRST DIVISION)–

27TH AND 28TH JUNE AND 12TH JULY, 1951

Income Tax, Schedule D – Payments to owner of quarry and spoil banks – Whether deductible in computing profits – Income Tax Act, 1918 (8 & 9 Geo. V, c. 40), Schedule D, Cases I and II, Rule 3; Finance Act, 1934 (24 & 25 Geo. V, c. 32), Section 21.