Hearings
17 Mar 1955 36 TC 602; (1955) 34 ATC 80, CA
21 Jun 1956 [1957] AC 334; [1956] 3 WLR 389; [1956] 2 All ER 728; 36 TC 602, HL
Southern Railway of Peru Ltd v Owen
Subject Matter
REVENUE — Income tax — Profits of trade — Contingent liability — Payments of compensation to employees at end of service — Claim to charge sums against profits in each accounting period — Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40), Sched. D, Cases I and II.
[1957] AC 334; [1956] 3 WLR 389; [1956] 2 All ER 728; 36 TC 602, HL
Appellate History
Southern Railway of Peru Ltd v Owen 36 TC 602; (1955) 34 ATC 80, CA
Decision of the Court of Appeal affirmed
Southern Railway of Peru Ltd v Owen [1957] AC 334; [1956] 3 WLR 389; [1956] 2 All ER 728; 36 TC 602, HL