Commissioner of Inland Revenue v Walker - [1963] NZLR 339

Practice and procedure — Appeal — General — Appeal on question of law only — Distinction between questions of fact and questions of law.

Revenue — Income tax — Land bought by farmer for addition to farm — Small part suitable for subdivision and resale — Purchaser's intention to subdivide and resell — Sales effected — Whether land bought for "purpose" of sale — Whether profit on sale taxable — Whether profits derived from scheme entered into for purpose of profit — Land and Income Tax Act 1954, s. 88 (c).