Click the case name for better results:

Simpson (HM Inspector of Taxes) v The Grange Trust, Ltd: HL 15 Mar 1935

Income Tax – Investment trust company not assessable under Case I of Schedule D – Claim for relief in respect of expenses of management – Income Tax Act, 1918 s 8Wright L said: ‘An ordinary trading company assessed on the balance of its profits and gains for the year under Schedule D, Case I, is … Continue reading Simpson (HM Inspector of Taxes) v The Grange Trust, Ltd: HL 15 Mar 1935

Sun Life Assurance Society v Davidson: HL 4 Jul 1957

The court considered the question of what was meant by the phrase ‘expenses of management’ Held: The phrase (s75) could be seen ‘as apt to cover the expenses which would normally be deductible in respect of its life assurance business if an assurance company carrying on life assurance business was assessed as a trade.’ Section … Continue reading Sun Life Assurance Society v Davidson: HL 4 Jul 1957