INCOME TAX – Enquiry into self-assessment return – Appeal against closure notice – Deposits in bank account claimed by the Appellant in oral evidence to be loans or gifts – Absence of documentary evidence supporting claim – Closure notice treating the deposits as earnings – Whether HMRC acted perversely or in bad faith – No – Appeal dismissed
[2012] UKFTT 240 (TC)
Bailii
England and Wales
Income Tax
Updated: 09 November 2021; Ref: scu.462662