Peel River Land and Mineral Co Ltd v Federal Commissioner of Taxation
(1954) 92 CLR 46728 ALJ 554
10 ATD 396
Between: Peel River Land and Mineral Co Ltd
And: Federal Commissioner of Taxation
Judge:
Taylor J
Subject References:
Income tax (Cth)
Judgment date: 8 November 1954
ORDER
Declare that the amounts of 3,819 pounds and 95,214 pounds, which were included as assessable income in the assessment of 7th May 1951 and the amended assessment of 13th July 1953 respectively, were not assessable income of the appellant and order that the said assessment and amended assessment be amended accordingly.
Further order that the respondent pay to the appellant its costs of and incidental to these appeals.