https://www.taxtmi.com/caselaws?id=285561 The appeal was dismissed, affirming the Court of Session's ruling. The judges unanimously agreed that the marketable security represented by the ground annuals had to be included in the computation of profits, given its tangible value and immediate marketability. The judgment underscored the importance of accounting for all valuable considerations received in a transaction to accurately determine the profits derived from business activities. en-us Wed, 26 Feb 1936 00:00:00 +0530 Fri, 17 Jan 2020 17:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285561 The appeal was dismissed, affirming the Court of Session's ruling. The judges unanimously agreed that the marketable security represented by the ground annuals had to be included in the computation of profits, given its tangible value and immediate marketability. The judgment underscored the importance of accounting for all valuable considerations received in a transaction to accurately determine the profits derived from business activities. Case-Laws Income Tax Wed, 26 Feb 1936 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285561