Federal Commissioner of Taxation v James Flood Pty Ltd

88 CLR 492
1953 - 1005B - HCA

Between: Federal Commissioner of Taxation
And: James Flood Pty Ltd

Court:
High Court of Australia

Judges: Dixon CJ
Webb J
Fullagar J
Kitto J
Taylor J

Subject References:
Taxation and revenue
Income tax
Assessable income
Deduction
Losses and outgoings incurred
Annual leave
Holiday pay

Legislative References:
Income Tax Assessment Act 1936 No 27 - s 51(1)

Hearing date: 17 September 1953; 18 September 1953; 21 September 1953
Judgment date: 5 October 1953

MELBOURNE

ORDER

Appeal allowed with costs.

Decision of the Board of Review set aside and assessment of the appellant commissioner restored.

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