Decision Number: |
TC 02321 |
Appellant:
|
Mark Smith |
Respondent:
|
The Commissioners for Her Majesty's Revenue & Customs |
Chairmen / Special
Commissioners: |
Malcolm GAMMIE QC
|
Date Of Decision:
|
18/10/2012 |
Main Category:
|
INCOME TAX/CORPORATION TAX |
Main Subcategory:
|
Profits |
Notes:
|
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 |
Decision(s) to Download:
|
TC02321.pdf
|