HC Deb 19 February 1942 vol 377 c1917W
Sir J. Mellor

asked the Chancellor of the Exchequer whether he will give an assurance that Income Tax will not be assessed on any part of the price received for requisitioned securities on the ground that accrued interest is included?

Sir K. Wood

Income Tax is not chargeable on any part of the price received for requisitioned securities on the ground that the price includes accrued interest.