Words and Phrases - "adventure in nature of trade"
Edwards v. Bairstow & Harrison, (1955), 36 TC 207,  UKHL TC_36_207 (HL)
Summary UnderTax Topics - Income Tax Act - Section 9 - Capital Gain vs. Profit - Machinery and Equipment
acquisition of spinning plant with a view to resale at a profit was an adventure in nature of trade
Words and Phrasesadventure in nature of trade