Question 1 : profit making scheme from isolated transaction.

Question 1 : profit making scheme from isolated transaction. -discuss both side (lecture 4 &5) full court of the high court of Australia in FC of T.V . the Myer emporium ltd (1987) -West field vs FCT -discuss about intention of peta had intention of profit through development. -argue, analysis. case of myer is not applied (no need to look at capital gain ) -ordinary or capital realisation


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