000 00803cab a2200205 4500
001 WB2325-50
008 090401t1987 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u26853
041 _aeng
245 _aDamages are taxable profits
260 _c1987
350 _a0
490 _aTimes
_v20/6/87 p40
520 _aIn 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.
650 _aCORPORATION TAX
650 _aNEGLIGENCE
690 _aTAXATION
942 _n0
948 _c04/03/1997
999 _c18086
_d18086