Stewart v Commissioner of Taxes - [1939] NZLR 154

Public Revenue — Income-tax — "Earned Income" — "Derived . . . by reason of his personal exertion" — Taxpayer a Beneficiary receiving Income derived from Business carried on by Trustees of an Estate but not by the personal Exertions of the Taxpayer — Whether "Earned income" — Land and Income Tax Act, 1923, ss 79 (2) (b), 102, 126-129.