Commentary

B5.208 Sales of colliery dross

Business tax
Business tax | Commentary

B5.208 Sales of colliery dross

Business tax | Commentary

Sales of slag and refuse

B5.208 Sales of colliery dross

It has been held in Roberts v Lord Belhaven and Stenton's Executors1, that the profits from colliery dross, which was sold by the landowner, were not assessable to income tax. The dross had been lying on the estate for many years, and it was sold to purchasers at so much a ton, the purchasers contracting to remove the whole of the dross within a specified period. The basis of the decision was that the sums received by the landowner were the price for an asset sold, and that as

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