Commissioner of Taxes v F - [1942] NZLR 115

Public Revenue — Income-tax — Solicitor's Practice — Purchase of deceased Solicitor's Practice with Right to use Firm-name — Annual Payment of Share of Profits to such Solicitor's Widow for Ten Years — Whether such Payment deductible from Assessable Income of purchasing Solicitor's Practice — Whether Payments received by Widow Income or Capital — Land and Income Tax Act, 1923, s 80 (2).