Volume 14

assessment - finality of decision by the Board of Review - procedure defects or merits - whether the decision of the Board of Review in D15/98, IRBRD, vol 13, 163 was final - ss 69(1), 70, 82A(1)(a), 82B(2) of the Inland Revenue Ordinance, Chapter 112  

whether a reasonable excuse for failure to notify chargeability and return assessable profits - whether penalty of approximately 100% excessive in the circumstances - s 82A(1) of the Inland Revenue Ordinance  

asset betterment statements - method of estimating income - taxpayer to prove it excessive  

delay in submitting tax returns - additional tax as penalty - whether excessive - ss 51(1), 80 and 82A of the Inland Revenue Ordinance  

licensed moneylender under Moneylenders Ordinance, Chapter 163 - loans made to associated company - whether money lent in the course of the business of the lending of money within Hong Kong - whether loans considered capital investment - bad debts - whether allowable deductions - ss 16(d) and 17(1)(c) of the Inland Revenue Ordinance ('IRO') , Chapter 112  

long service payment - taxpayer re-engaged by the same company under new contract - delayed payment - whether chargeable to tax - ss 31R(2) and 31Y(2) of the Employment Ordinance, Chapter 57  

whether a sum received as compensation for premature termination of a tenancy is a trading receipt or a capital receipt  

appeal heard in the absence of Taxpayer - s 68(2D) of the Inland Revenue Ordinance - whether separation payment represents income from employment under ss 8(1)(a) and 9(1)(a) of the IRO - real nature of the payment  

notice of appeal - extension of time - Inland Revenue Ordinance s 66(1A)  

special payment on termination of employment contract - accessibility - whether income arising in or derived from Hong Kong from any office or employment of profit - compensation for loss of office - ss 8(1) and 9(1) of the Inland Revenue Ordinance, Chapter 112  

whether income subject to profits tax or salaries tax - ss 8, 9, 12(1)(a), 14, 68(4) of the Inland Revenue Ordinance