BAD DEBTS AND INCOME-TAX CASES
INVEBjCAKGILL COMPANY FIMSO (By ' Pr««s Association.) 1 ( Invercirgill, Aptil 27: At folic Magistrate's Court on Saturday, Johnsoi) and Sons, foimdiymen, wero charged under, tlio Act of 1900 with attemptlbig to ovade the full assessment, of iuconiio, tax. It appeared that the company liad toiiitracted a bad debt U> the amount of .SJ2SO, but in view of tho possibility of its beifag paid at somo rewoto period tho .secretary of tho oompau.v, in his returns to the Department, instead ot WTltirig tho amount off, had deducted a pontidtt of this from tho statement, showing net profits over a period of thrw ycc.ra A plea of guilty was entered on each of? thflrd informations, tlio company lieing filttdj X 5 on tho first and £2 on oacli of tho othel's, with cos's amounting to six gujntas.
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Dominion, Volume 6, Issue 1735, 28 April 1913, Page 4
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139BAD DEBTS AND INCOME-TAX CASES Dominion, Volume 6, Issue 1735, 28 April 1913, Page 4
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