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High Court Wellington
12, 13, 14, 17, 20, 21 April; 30 June 1961
Hutchison J.
12, 13, 14, 17, 20, 21 April; 30 June 1961
Hutchison J.
Revenue — Income tax — Amendment of assessments within 10 years — Income entirely omitted — Omission not necessarily to be fraudulent or wilfully misleading — Land and Income Tax Act 1923, ss. 8, 11, 16.
Revenue — Income tax — Land acquired for purposes of sale — Compulsorily taken by Crown — Whether profit taxable — Land and Income Tax Act 1923, s. 79 (1) (c).