Carbone, D.2011-04-202011-04-202010Revenue Law Journal, 2010; 20(1):1-361034-7747http://hdl.handle.net/2440/63392FCT v Montgomery is regarded as an authority on whether a specific type of receipt - a lease incentive – is ‘income according to ordinary concepts’. However, the case has significance beyond the issue of whether lease incentives are ordinary income. This article analyses the reasoning in Montgomery and discusses the subsequent cases in which it has been considered.enThis Journal Article is brought to you by the Faculty of Law at ePublications@bond. For more information, please contact Bond University's Repository Coordinator.FCT v Montgomeryordinary incomeJournal article002010395731788