Damages are taxable profits
Language: English Series: Times ; 20/6/87 p40Publication details: 1987Subject(s): Summary: In Donald Fisher (Ealing) Ltd v Spencer (Inspector of Taxes) , ChD 11 June 1987, the taxpayer company received 14,000 in settlement of a claim against its negligent estate agent who had failed to serve a counternotice objecting to a rent review clause, resulting in increased rent. ChD held that the payment was a trading receipt taxable under Sch D, Case 1.| Item type | Current library | Call number | Copy number | Status | Barcode | |
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| News article | London News article | WB2325-50 (Browse shelf(Opens below)) | 1 | Available | 26853-1001 |
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| WB2325-47 Call for retail guidelines | WB2325-48 Home furnishings market | WB2325-49 Sainsbury to enter car servicing deal | WB2325-50 Damages are taxable profits | WB2326-01 Moonlight milk deals | WB2326-02 Switch to tourism | WB2326-03 Adjudication |
In Donald Fisher (Ealing) Ltd v Spencer (Inspector of Taxes) , ChD 11 June 1987, the taxpayer company received 14,000 in settlement of a claim against its negligent estate agent who had failed to serve a counternotice objecting to a rent review clause, resulting in increased rent. ChD held that the payment was a trading receipt taxable under Sch D, Case 1.