Judgment For Commissioner Of Taxes
I Per Press Association. CopyrighxJ WELLINGTON. This Day.
Judgment in favour of the Commissioner of Taxes has been given by Mr Justice Smith in the case in which the Commissioner of Taxes was appealed against by Cyril Paul Hunter and Thomas Percy Hunter, with respect to his disallowance of depreciation on a dwelling house on the late Sir George Hunter's estate at Porangahau. His Honour said the test to be applied was whether there had been, in the business sense, something more than a temporary cessation of the actual use of the house for the purpose of producing assessable income. As the house had not been used since Sir George Hunter's death in 1930, to house anyone engaged in sheep farming operations. His Honour thought there was evidence from which the Commissioner drew the conclusion he did, that the trustees were not holding the house during the years ended June 30, 1935, and 1936, for the purpose of using it in farming operations they
were carrying on. Costs amounting to £l2 12'- were allowed against appellants.
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https://paperspast.natlib.govt.nz/newspapers/NA19370910.2.97
Bibliographic details
Northern Advocate, 10 September 1937, Page 7
Word Count
181Judgment For Commissioner Of Taxes Northern Advocate, 10 September 1937, Page 7
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