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Ostime (H M Inspector of Taxes) v Pontypridd and Rhondda Joint Water Board [1946] UKHL TC_28_261 (29 March 1946)

Ostime (H M Inspector of Taxes) v Pontypridd and Rhondda Joint Water Board – [1946] UKHL TC_28_261 29 March 1946

Income Tax, Schedule D-Water Board-Sums received under precepts issued to constituent authorities-Whether trading receipts-Sums paid under precept and as fixed contribution to body of which constituent member- Whether admissible deductions.
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