Edwards (Inspector of Taxes) v. Bairstow and Anor

[1956] A.C. 14

Between: Edwards (Inspector of Taxes) - Appellant
And: Bairstow and Anor - Respondents

Court:
House of Lords

Judges:
Viscount Simonds
Lord Radcliffe
Lord Tucker
Lord Somervell of Harrow

Subject References:
REVENUE
INCOME TAX
Profits of trade
Isolated transaction
Adventure in the nature of trade
Purchase and sale of spinning plant
Finding of General Commissioners
Review
Principles

Legislative References:
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40) - Sch. D, Case I

Hearing date: 20-22 June 1955
Judgment date: 25 July 1955


ORDER

Appeal allowed.