Inland Revenue Commissioners v Oswald

[1945] A.C. 360

---

Between: Inland Revenue Commissioners
And: Oswald

Court:

Judges: Lord Thankerton
Lord Russell of Killowen
Lord MacMillan
Lord Porter
Lord Simonds

Subject References:
REVENUE
INCOME TAX
Mortgage of reversionary interest
Capitalization of mortgage interest
Falling in of reversion
Income tax in respect of capitalized interest

Legislative References:
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40) - All Schedules Rules, r. 21

Hearing date: 12-14 March 1945
Judgment date: 19 April 1945

---

ORDER

Appeal allowed.