The taxpayer had other business, but purchased a substantial quantity of cloth and resold it. He said this was not by way of trade. The Revenue said that he had used all the standard trade practices, and it was taxable as such. Held: The transactions were taxable. Judges: Jowett J Citations: [1926] 1 KB 550 … Continue reading Martin v Lowry (HM Inspector of Taxes): KBD 15 Jun 1925

Income Tax – Payments by Royal Commission on Awards to Inventors for user of patent-Deduction of tax – Income Tax Act, 1918 (8 and 9 Geo. V, c. 40), Rule 21 (1) of General Rules. Citations: [1927] UKHL TC – 11 – 730 Links: Bailii Jurisdiction: England and Wales Income Tax Updated: 11 May 2022; … Continue reading Constantinesco v R: HL 11 Jul 1927