https://www.taxtmi.com/caselaws?id=286715 Farming was treated as a trade, and the farmhouse formed part of the trading assets of the farm. Expenditure on rates, repairs, maintenance and insurance of the farmhouse was therefore incurred for the purposes of the farming trade and was not converted into private or domestic expenditure merely because the farmer and family lived there. The statutory bar on deductions for private or domestic outgoings did not require apportionment on these facts. The full amount of the farmhouse expenses was deductible as revenue trading expenditure, and the disallowance of nine-tenths was incorrect. en-us Wed, 19 Feb 1969 00:00:00 +0530 Thu, 12 Mar 2020 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286715 Farming was treated as a trade, and the farmhouse formed part of the trading assets of the farm. Expenditure on rates, repairs, maintenance and insurance of the farmhouse was therefore incurred for the purposes of the farming trade and was not converted into private or domestic expenditure merely because the farmer and family lived there. The statutory bar on deductions for private or domestic outgoings did not require apportionment on these facts. The full amount of the farmhouse expenses was deductible as revenue trading expenditure, and the disallowance of nine-tenths was incorrect. Case-Laws Income Tax Wed, 19 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286715