APPEAL COURT.
JUDG-MEtNT iRE!S!EtR!VE!D IN CASE.
LEIAVE TO AIPPEIAL TO PBIVY COUNCIL GIRSANTED.
(Per Uinited Presa Association.)
WELLINGTON, May 3. The Appeal Court reserved judgment in the case Rlex v. Haswell and Campbell and Riex v. O'Slhaughnessy. The Court, unaniraooifely affirmed the doiniViction, "holding that evidenca admitted under protest Was admissablo. Li itg judgment in the case of the Kauri Timber Co. v. Commissioner *of Taxea and Taoipo Totara Timber Ooi. V. the same, the Court held that money expended on the purchase of timber lands Was "expenditure of capital, and companies were not enr titled to deduat from their profits as assessed for income tax on. the value of standing timber cut by them, ttomditiooial leave to appeal to the PWvfy 'CbunicAl wala graintedl in each dase.
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Bibliographic details
Thames Star, Volume XLVII, Issue 10201, 3 May 1912, Page 2
Word Count
128APPEAL COURT. Thames Star, Volume XLVII, Issue 10201, 3 May 1912, Page 2
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