Fincon (Construction) Limited v Commissioner of Inland Revenue - [1970] NZLR 462

Income tax — Objection to assessments — Case stated for opinion of Supreme Court — Profits from trade — Contract to build motels — Part of price to be paid by deferred instalments at interest — Isolated instance — General principles in computing trader's profit — Land and Income Tax Act 1954, s. 88(1)(a).