The Law Reports (King's Bench Division)
[1929] 2 KB 187
[COURT OF APPEAL]
BIRMINGHAM CORPORATION v. INLAND REVENUE COMMISSIONERS.
1929 April 29,
30;
May 1.
May 1.
LORD HANWORTH M.R., LAWRENCE and SANKEY L.JJ.
Revenue
— Income Tax
— Corporation
— Assisted Housing Scheme
— Issue of Local Bonds
— Interest
— Income Tax deducted
— Claim by Corporation to Retain
— Exchequer Subsidy
— Earmarked to meet Loss on Scheme
— Borough Fund
— Interest on Loans not effectively charged on
—
Housing, Town Planning, &c., Act, 1919 (9 & 10 Geo. 5, c. 35)
— Regulations made thereunder (St. R. & O. 1919, No. 2047)
—
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40), All Schedules Rules, rr. 19, 21.