The Law Reports (Appeal Cases)
[1930] AC 415
[HOUSE OF LORDS.]
JONES APPELLANT; AND LEEMING RESPONDENT.
1930 March 18.
LORD BUCKMASTER, VISCOUNT DUNEDIN, LORD WARRINGTON OF CLYFFE, LORD THANKERTON, and LORD MACMILLAN.
Revenue
— Income Tax
— Purchase and Resale of Option to purchase Real Estate
— Isolated Transaction
— Trading negatived by Commissioners
— Annual Profits or Gains
— Accretion of Capital
—
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40), Sch. D, Cases I. and VI.