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Decision Number: |
TC 02321 |
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Appellant:
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Mark Smith |
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Respondent:
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The Commissioners for Her Majesty's Revenue & Customs |
Chairmen / Special
Commissioners: |
Malcolm GAMMIE QC
|
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Date Of Decision:
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18/10/2012 |
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Main Category:
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INCOME TAX/CORPORATION TAX |
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Main Subcategory:
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Profits |
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Notes:
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INCOME TAX – computation of profits – admitted understatement of
profits in one year – discovery assessments raised for other years to make
good understated profits – whether assessments justified – yes – onus of
proof on taxpayer in relation to amount assessed – failure to produce
adequate evidence to displace assessments – appeal dismissed and
assessments confirmed |
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Decision(s) to Download:
|
TC02321.pdf 
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