Forwood Down & Co Ltd v. Commissioner of Taxation (Western Australia)53 CLR 403
Forwood Down & Co Ltd v. Commissioner of Taxation (Western Australia)Court:
Taxation and revenue
Sale of lease and machinery
Profit from sale taken into profit and loss account
Dividend Duties Act 1902 (WA) No 32 - Section 5; Section 6
Judgment date: 26 August 1935
Appeal dismissed with costs.
ON APPEAL FROM THE SUPREME COURT OF WESTERN AUSTRALIA.