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Walton`s Executors v Inland Revenue Commissioners

Language: English Series: Estates Gazette ; (9621) 25 May 1996, 144-148(5)Publication details: 1996Subject(s): Summary: CA 30 November 1995. IRC`s appeal against the decision of the Lands Tribunal (Abstract 51477) which had allowed by appeal by W, surviving executor of the will of John Headley Walton deceased, from a determination of IRC of a value of a partnership share of the deceased in an agricultural tenancy. Appeal dismissed. Raises questions of some general importance on the valuation for the purposes of CTT of the share of a partner in a farming partnership the assets of which include an agricultural tenancy of the farm.
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Law report London Journal article ABS55257 (Browse shelf(Opens below)) 1 Available 15220-1001

CA 30 November 1995. IRC`s appeal against the decision of the Lands Tribunal (Abstract 51477) which had allowed by appeal by W, surviving executor of the will of John Headley Walton deceased, from a determination of IRC of a value of a partnership share of the deceased in an agricultural tenancy. Appeal dismissed. Raises questions of some general importance on the valuation for the purposes of CTT of the share of a partner in a farming partnership the assets of which include an agricultural tenancy of the farm.