AN APPEAL ALLOWED

Evening Post, Volume CVI, Issue 107, 2 November 1923, Page 5

AN APPEAL ALLOWED

Judgment has been given by the Full £ DaSvmnl^r 1 By KenLh^l ing Ualrymple, farmer, of Parewamii and George P earce . merchant^ of We! hngtpn, against a decision of the Commissioner of Ta«s in the. mattei of the assessment of mcome tax in the estate income should be assessed under the Provens «*.««**»■ 99 (a) o? the Act The Commissioner held to the contrary, that the income did not come within the provisions of section (a), inasmuch as the beneficiaries to-whom the income -as paid were not entitled in possession to the receipt thereof during ths same year under the trust, and must be assessed under section 99 (b) The If nil Court disagreed with the view of the Commissioner of Taxes and allowed the, appeal. At the hearinc, Mr C P Skerrett, X.C.. with him'Mr c' g' G White, appeared for the appellants, 'and t ,A- ?? lr ' °£ the c™wn Law Office, lor the Commissioner.