Ravenshoe Tin Dredging Ltd v Federal Commissioner of Taxation

(1966) 116 CLR 81
40 ALJR 76

RAVENSHOE TIN DREDGING LTD.
v FEDERAL COMMISSIONER OF TAXATION

Court:
HIGH COURT OF AUSTRALIA

Judge: Taylor J.

Judgment date: 28 April 1965


Appeal allowed with costs. Order of Taylor J. dismissing appeal against assessment set aside and in lieu thereof order that that appeal be allowed with costs, the respondent's assessment of the appellant's income tax be varied by increasing the amount of taxable income to the sum of 32,839 pounds and by increasing the amount of income tax payable accordingly.