000 00756cab a2200217 4500
001 WB2243-39
008 090401t1986 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u14104
041 _aeng
245 _aAbandoned development option taxable
260 _c1986
350 _a0
490 _aChartered Surveyor Weekly
_v17(5) 30 October 1986, 516(1)
520 _aIn Powlson (Inspector of Taxes) v Welbeck Securities Ltd , July 1986, the court held that as the defendant had received payment for abandoning an option to participate in a property development , the gain is chargeable to tax.
650 _aCAPITAL GAINS TAX
650 _aCORPORATION TAX
650 _aFINANCE ACT 1965
690 _aTAXATION
942 _n0
948 _c04/03/1997
999 _c9150
_d9150