§ Sir F. WISEasked the Chancellor of the Exchequer if he will state, in view of the judgment of Mr. Justice Rowlatt in Grainger v. Maxwell, what is the position in regard to the various securities issued under the War Loan Acts, 1914 to 1917, forming one category or of being treated as separate heads of income for tax purposes?
§ Mr. CHURCHILLAs at present advised, the Board of Inland Revenue propose to appeal against the judgment to which my hon. Friend refers.