Read the full judgment text of HCIA 000001/1988 on BabelCite. This HCIA judgment.
1. This is an appeal by the Commissioner of Inland Revenue (the Commissioner) from a decision of the Board of Review (the Board) which allowed in part, an appeal from the Commissioner against assessments in respect of profits tax against Aberdeen Restaurant Enterprises Ltd. (the taxpayer) refusing claims for depreciation allowances under Part VI of the Inland Revenue Ordinance for the years 1977/78, 1978/79 and 1979/80. There is also a cross appeal by the taxpayer relating to the Board's decisio