https://www.taxtmi.com/caselaws?id=286715 The appeal was dismissed, with the House of Lords affirming that the expenses incurred on the House of Elrig, considered the farmhouse, were fully deductible for income tax purposes. The judges concluded that the farmhouse should be viewed as part of the trading assets of the farming business, and the maintenance expenses were necessary and reasonable. They rejected the need for apportionment under section 137, as the expenses were not for private or domestic purposes but essential for the farming trade. 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 The appeal was dismissed, with the House of Lords affirming that the expenses incurred on the House of Elrig, considered the farmhouse, were fully deductible for income tax purposes. The judges concluded that the farmhouse should be viewed as part of the trading assets of the farming business, and the maintenance expenses were necessary and reasonable. They rejected the need for apportionment under section 137, as the expenses were not for private or domestic purposes but essential for the farming trade. Case-Laws Income Tax Wed, 19 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286715