Zeta Estates Ltd v. Commissioner of Inland Revenue

Read the full judgment text of HCIA 2/2005 on BabelCite. This HCIA judgment was delivered on 9 May 2005.

Case No.HCIA 2/2005
Court
HCIA
Date09 May 2005
Judge
Case Document
100%Judiciary

HCIA2/2005

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

INLAND REVENUE APPEAL NO.2 OF 2005

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BETWEEN

  ZETA ESTATES LIMITED Appellant
  and  
  COMMISSIONER OF INLAND REVENUE Respondent

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Before: Deputy High Court Judge Muttrie in Court

Dates of Hearing: 14 and 15 April 2005

Date of Judgment: 9 May 2005

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CORRIGENDUM

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Page 1 Line B re: Change “HCIA2/20005” to “HCIA2/2005”
Page 4 Line B re: Change “ Mr FONG…” to “Mr FUNG….”
Page 4 Line D re: Change “…Mr FONG…” to “… Mr FUNG…”
Page 5 Line O re: Change “…outgoings of” to “…outgoings or”
Page 6 Line P re: Change “…1958…” to “…1956…”
Page 6 Line S re: Change “…ex  facie appearing…” to “…appearing ex facie…
Page 7 Line B re: Change “…and this…” to “…and that this…”
Page 7 Line C re: Change “…been an error…” to “…been error…”
Page 7 Line E re: Change “ Kwong Miles…” to “Kwong Mile…”
Page 7 Line F re: Change “ HKLRD 168…” to “3 HKLRD 168…”
Page 7 Line O re: Change “conclusions in paragraphs 18 and 19…” to “conclusions in paragraphs 17 and 18…”
Page 10 Line E re: Change “…subsection 2…” to “…subsection (2)…”
Page 12 Line B re: Change “…that it the Board…” to “…that the Board…”
Page 12 Line L re: Change “…3 HKC 687…” to “…3 HKC 697…”
Page14 Line B re: Change “Mr Chan…” to “Mr Wong…”
Page 14 Line F re: Change “…as it is working…” to “…as its working…”
Page 14 Line R re: Change “…Ticktin Chambers…” to “…Ticktin Timbers…”
Page 14 Line S re: Change “… Commissioner for Taxation…” to “…Commissioner of Taxation …”
Page 14 Line T re: Change “…Commissioner for Taxation…” to “…Commissioner of Taxation…”
Page 15 Line G re: Change “…forensic…” to “…foreign…”
Page 15 Line I re: Change “…excuse the board…” to “…excused the Board…”
Page 15 Line O re: Change “…Judgment of in the decision of” to “…Judgment of”
Page 15 Line P re: Change “…Ticktin Chambers…” to “…Ticktin Timbers…”
Page 15 Line R re: Change “…not and expenditure…” to “….not an expenditure…”
Page 15 Line R re: Change “ …board…” to “…Board…”
Page 15 Line S re: Change “ …Chambers…” to “…Timbers…”
Page 16 Line A re: Change “ …Court of South…” to “…Court of Appeal of South…”
Page 16 Line F re: Change “…matter of …” to “…matter…”
Page 16 Line H re: Change “The company…” to “A company…”
Page 16 Line L re: Change “…paid all…” to “…paid or…”
Page 16 Line M re: Change “activities….”  to  “activities.”
Page 17 Line L re: Change “…loan though…” to “…loan there…”
Page 18 Line E re: Change “…‘non-capital” to “…non-capital ”
Page 18 Line F re: Change “expenditure…” to “ ‘expenditure…”
Page 18 Line R  re: Change “…bobbled a …” to “…borrowed…”
Page 18 Line S re: Change “ deduct and…” to “deduction…”
Page 18 Line T re: Change “…51 of…”  to “…51(1) of…”
Page 19 Line B re: Change “…a partner…”  to “…a member…”
Page 19 Line G re: Change “Section 51…” to “Section 51(1)…”
Page 20 Line E re: Change “…TR25/95…” to “…TR95/25…”
Page 21 Line G re: Change “…the concept…” to “…the concepts…”
Page 21 Line I re: Change “…and that the second limb,” to “…and under the second limb,”
Page 21 Line Q: Change “places those funds…” to “replaces those funds…”
Page 21 Line R re: Change “…on borrowing…” to “…on the borrowing…’
Page 22 Line H re: Change “…section 16(1)(c )…” to “…section 16(1)(a)…”
Page 22 Line R re: Change “…the question whether is …” to  “the question is whether…”

Dated the 23rd day of June, 2005.

  (Miss Priscilla Wong)
for Registrar, High Court

Other Judgments in This Case

Further hearings and rulings under HCIA 2/2005