Pure income profit
– see also Schedule D, Case III
Annual payments
Commentary –
Tax Reporter ¶132-000
Case Law –
In re Hanbury (deceased); Comiskey and Others v. Hanbury
;
Leahy v. Hawkins (H.M. Inspector of Taxes) Hawkins (H.M. Inspector of Taxes) v. Leahy
;
Taw and Torridge Festival Society, Ltd. v. Commissioners of Inland Revenue
Annual payments under deed of covenant