Inland Revenue Commissioners v Oswald
[1945] A.C. 360(Judgment by: Lord Russell of Killowen)
Between: Inland Revenue Commissioners
And: Oswald
Judges:
Lord Thankerton
Lord Russell of KillowenLord 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
Judgment date: 19 April 1945
Judgment by:
Lord Russell of Killowen
My Lords, I have had an opportunity of reading and considering the opinions of my noble and learned colleagues in this case. Being in agreement with them, I do not find it necessary to say anything except that I concur in the motion which is proposed.