HIGH COURT OF JUSTICE (CHANCERY DIVISION)–

27TH, 28TH AND 29TH NOVEMBER, AND 4TH DECEMBER, 1962; 2ND AND 10TH APRIL, 1963

COURT OF APPEAL–

12TH AND 13TH NOVEMBER, 1963

Income Tax, Schedule D – Financial concern – Sales of investments at less than cost or market value to companies under the same control – Whether made in course of trade – Valuation of stock disposed of otherwise than in course of trade.