An Important Law Point.
_». (Per Press Association.) Wellington, April 10. A point of some importance was decided by Mr Martin, S.M., to-da,y, in a case in which Staples' Brewery Company appealed from the decision of the Commissioner of Taxes in disallowing deductions in respect to sums paid for purchase of certain beer covenants. The questions at issue were — (1) Had the Commissioner power to alter an assessment once made ? (2) If that assessment be erroneous could deduc- i tions be claimed in respect of sums paid by the Company in acquiring rights to certain beer covenants ? The Commissioner had previously allowed these deductions. Mr Martin held that the Commissioner had the right to alter assessments if he considered them erroneous, aud dismissed the appeal.
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Bibliographic details
Feilding Star, Volume XVI, Issue 241, 11 April 1895, Page 2
Word Count
124An Important Law Point. Feilding Star, Volume XVI, Issue 241, 11 April 1895, Page 2
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