THE SCOTTISH PROVIDENT INSTITUTION v FARMER (Surveyor of Taxes)

JurisdictionScotland
Judgment Date06 February 1912
Date06 February 1912
CourtCourt of Session (Inner House - First Division)

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2 cases
  • Thomson v Moyse
    • United Kingdom
    • Court of Appeal
    • 9 March 1959
    ... ... Inspector of Taxes) Appellant and Stephen ... was placed by Mr Foster on the case of Scottish Mortgage Company of Now Mexico v. McKolvio ... 2 ... President, observed in the case of the Provident Scottish Institution 'Every man and every company ... Farmer ... 6 Tax Cases, 34 , a Life Assurance Society ... ...
  • Beauchamp v F. W. Woolworth Plc
    • United Kingdom
    • House of Lords
    • 8 June 1989
    ...income tax is to be charged on profits of an income nature as opposed to capital profits: see Scottish Provident Institution v. Farmer (1912) 6 T.C. 34, 38. Moreoever, by section 130( f) of the Act of 1970, in computing the amount of the profits of a trade, no sum shall be deducted in respe......