HL Income Tax, Schedule D – Dealer in securities – Dividend received out of paying company’s capital profit – Whether taxable. Income Tax – Additional assessment-Discovery – Facts known to Inspector at all material times – Appeal settled by agreement after enquiry on material point-Whether additional assessment can be made subsequently – Income Tax Act, 1952 (15 and 16 Geo. VI and EUz. II, c. 10), Sections 41, 50 and 510.
Citations:
[1962] UKHL TC – 40 – 176
Links:
Statutes:
Jurisdiction:
England and Wales
Income Tax
Updated: 11 June 2022; Ref: scu.559955
