Someone recently bought our

students are currently browsing our notes.

X

Davis v Powell

[1978] 51 TC 492

Case summary last updated at 21/02/2020 19:02 by the Oxbridge Notes in-house law team.

Judgement for the case Davis v Powell

·   A tenant farmer’s tenancy was surrendered in consequence of a notice to quit served by the landlord. The landlord paid to the tenant £591 by way of compensation for disturbance under s 34(1) of the Agricultural Holdings Act 1948. The Crown contended that the £591 was a capital sum derived from an asset, viz the lease.
·   Lord Templeman
·   Compensation for disturbance paid under s 34 was not 'derived' from an asset, but was simply a sum which, by statute, had to be paid for expense and loss unavoidably incurred once the tenancy had been terminated. 

Have you seen Oxbridge Notes' best Tax Law study materials?

Our law notes have been a popular underground sensation for 10 years:

  • Written by Oxford & Cambridge prize-winning graduates
  • Includes copious adademic commentary in summary form
  • Concise structure relating cases and statutes into an easy-to-remember whole
  • Covers all major cases for LLB exams
  • Satisfaction guaranteed refund policy
  • Recently updated
Tax Law Notes

Tax Law Notes >>