Harley and Another v Commissioner of Inland Revenue: Jenkins v Commissioner of Inland Revenue - [1971] NZLR 482

Income tax — Income tax payable — Assessable income — Expenses exemptions and deductions — Expenditure exclusively incurred in producing income — "Business" involves intention to make profit — Deduction of interest on capital — Land and Income Tax Act 1954 (Reprint 1967), s 112(g).