Inland Revenue Commissioners v Coathew Investments Ltd [1966] UKHL TC_43_301 (31 March 1966)
S urtax – Investm ent company – Computation o f actual income – Deduction – Annual paym ent under voluntary covenant – Beneficiary not an individual – Income Tax A ct 1952 (15 & \6 Geo. 6 c£ 1 Eliz. 2, c. 10), ss. 245, 248, 255(3), 262 a n d 4 \5 .
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