Australian Machinery and Investment Co Ltd v Commissioner of Taxation

180 CLR 9

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(Decision by: MCTIERNAN J)

Australian Machinery and Investment Co Ltd
v Deputy Commissioner of Taxation

Court:

Judges: Latham CJ
Starke J
Dixon J

McTiernan JWilliams J

Subject References:
Taxation and revenue
Exempt Income
Income sourced outside Australia
Appeal against assessment
Sale of shares in England
Appeal against assessment
Power to set aside

Legislative References:
Income Tax Assessment Act 1936 (Cth) - s 23(q); s 99

Hearing date: Sydney, 8 April 1946, 9 April 1946, 10 April 1946
Judgment date: 7 June 1946

Melbourne

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Decision by:
MCTIERNAN J

I agree with the order formulated in the reasons for judgment of my brother Dixon and with his reasons.