Samarkand Film Partnership No 3 and others v Revenue and Customs Commissioners; R (on the application of Samarkand Film Partnership No 3) v Revenue and Customs Commissioners; R (on the application of Proteus Film Partnership No 1) v Revenue and Custom

Income Tax – Relief. The Upper Tribunal (Tax and Chancery Chamber) (the tribunal) dismissed the appeals by partners in two partnerships against a decision of the First-tier Tribunal (Tax Chamber) which had refused the partners loss relief in relation to their expenditure on certain films on the basis that they had not been carrying on a trade in the relevant periods. The tribunal further rejected the partners' applications for judicial review.

Category: