The Law Reports (Appeal Cases)
[1979] AC 676
[PRIVY COUNCIL]
AMERICAN LEAF BLENDING CO. SDN. BHD. APPELLANT AND DIRECTOR-GENERAL OF INLAND REVENUE RESPONDENT
[ON APPEAL FROM THE FEDERAL COURT OF MALAYSIA]
1978 June 6,
7;
July 18
July 18
Lord Diplock, Viscount Dilhorne, Lord Edmund-Davies, Lord Russell of Killowen and Sir Robin Cooke
Malaysia
— Revenue
— Income tax
— Accumulated losses
— Company abandoning tobacco business after incurring losses
— Letting of company's business premises
— Assessment of tax on income from lettings
— Claim to deduct accumulated losses from assessment
— Whether rents derived from business source
—
Income Tax Act 1967 (No. 47 of 1967), ss. 4 (a) (d), 43 (1) (a)