Hearings
England & Wales
06 Jul 1966 [1967] Ch 167; [1966] 3 WLR 1184; [1966] 3 All ER 375, Ch D
15 Mar 1967 [1967] Ch 1016; [1967] 3 WLR 333; [1967] 2 All ER 930; 44 TC 659, CA
Macsaga Investment Co Ltd v Lupton
Subject Matter
REVENUE — Income tax — Capital allowances — Machinery and plant — Lifts and heating plant in office block — Lease to government department by property investment company — Lessee's covenants to repair building and fixtures — Lessor's claim for wear and tear allowances — Neither lessor nor lessee using machinery or plant for trade or business — “Burden of the wear and tear thereof” — “Wear and tear” — Whether lessor entitled to allowance — Income Tax Act, 1952, ss 298, 299
[1967] Ch 1016; [1967] Ch 167; [1966] 3 WLR 1184; [1967] 3 WLR 333
Appellate History
Macsaga Investment Co Ltd v Lupton [1967] Ch 167; [1966] 3 WLR 1184; [1966] 3 All ER 375, Ch D
Decision of Pennycuick J affirmed on different grounds
Macsaga Investment Co Ltd v Lupton [1967] Ch 1016; [1967] 3 WLR 333; [1967] 2 All ER 930; 44 TC 659, CA