| 000 | 00793cab a2200181 4500 | ||
|---|---|---|---|
| 001 | WB2445-52 | ||
| 008 | 090401t1988 xxu||||| |||| 00| 0 eng d | ||
| 035 | _a(Sirsi) u67961 | ||
| 041 | _aeng | ||
| 245 | _aLoan interest in partnership profits | ||
| 260 | _c1988 | ||
| 350 | _a0 | ||
| 490 |
_aEGCS _v1988 143 |
||
| 520 | _aIn Brumfield v Inland Revenue Commissioner , QBD 26 October 1988, it was held that the practice of allowing the loan interest to be set against partnership profits could not apply as the partnership was not paying interest on the son`s behalf. This was not a case where a partner had taken a loan and allowed the partnership to occupy the land acquired with the loan rent-free for partnership purposes. | ||
| 690 | _aTAXATION | ||
| 942 | _n0 | ||
| 948 | _c04/03/1997 | ||
| 999 |
_c42594 _d42594 |
||