First Torland Investments Ltd., Second Torland Investments Ltd. And Third Torland Investments Ltd. v. Minister of National Revenue, [1970] CTC 634, 70 DTC 6354

By services, 17 January, 2023
Is tax content
Tax Content (confirmed)
Citation
Citation name
[1970] CTC 634
Citation name
70 DTC 6354
Decision date
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
671073
Extra import data
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"field_full_style_of_cause": "First Torland Investments Ltd., Second Torland Investments Ltd. And Third Torland Investments Ltd., Appellants, and Minister of National Revenue, Respondent.",
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Style of cause
First Torland Investments Ltd., Second Torland Investments Ltd. And Third Torland Investments Ltd. v. Minister of National Revenue
Main text

ABBOTT, J. (orally for the Court) :—We agree with the finding made by the learned trial judge that on the facts the profits realized by the appellants on the sales of the farm lands in issue on these appeals were profits from a business. The appeals are dismissed with costs.