The Weekly Law Reports
[1966] 1 WLR 1094
[COURT OF APPEAL]
DAVIES (INSPECTOR OF TAXES)
v.
DAVIES JENKINS & CO. LTD.
1966 May 5,
6
HARMAN, DIPLOCK and WINN L.JJ.
Revenue
— Income tax
— Discontinuance of trade
— Company subvention agreement between associated companies
— Associated company ceasing to trade
— Subsequent payments received under agreement
— Whether subvention payment relief available
—
Finance Act, 1953 (1 & 2 Eliz. 2, c. 34), s. 20 (1) (9) (10).