Case Law

This page shows a summary of relevant case law. To view the section of legislation to which the case law applies, click the link below:

Case Law

The abandonment of an option for consideration was not a real abandonment and therefore was liable to capital gains tax. Dillen v Kearns 1993 IV ITR 547

In calculating the consideration for grant of an option, payment for release from a restrictive covenant was not deductible. Garner v Pounds 1999 STC 18