Waterloo Pastoral Co Ltd v. Federal Commissioner of Taxation

72 CLR 262

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Between: Waterloo Pastoral Co Ltd
And: Federal Commissioner of Taxation

Court:

Judge: Williams J

Subject References:
TAXATION AND REVENUE
Income tax
Assessable income
Exemption
Northern Territory pastoralist company
Management and control

Legislative References:
Income Tax Assessment Act 1936 No 27 - s 23(m)

Hearing date: 17 September 1946
Judgment date: 19 September 1946

Sydney

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ORDER

Appeal allowed.

Assessment set aside.

Respondent to pay costs of the appellant.