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Chancery Lane Safe Deposit & Offices Co Ltd v Inland Revenue Commissioners [1965] UKHL TC_43_83 (15 December 1965)

Chancery Lane Safe Deposit & Offices Co Ltd v Inland Revenue Commissioners [1965] UKHL TC_43_83 (15 December 1965)

Income ta x – M ortgage interest charged to capital – W hether payable out o f profits or gains brought into charge to tax – Appeal against first assessment to income tax fo r one year settled by agreement – W hether additional assessment competent – Income Tax A ct 1952 (15 & 16 Geo. 6 & 1 Eliz. 2, c. 10), ss. 169, 170 and 510.
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