Commissioner of Inland Revenue v Dunlop's (Wanganui) Limited and Another - [1970] NZLR 1125

Income tax — Objections to assessment — Company operating multi-brand service station — Oil company offered sum for exclusive sale of its products — Accepted by company — No legal tie — Payment made by oil company returning four of company's cheques for monthly supplies — Banked in trust account of director's solicitor — Payment assessed as income of company and as dividend in director's hands.