FTTTGC Income tax- deductions in computing profits – whether claimed deductions represented payments made, whether evidence of to whom payments made – whether evidence of reason for payment – whether payments were allocation of partnership profits.
Penalty for negligent submission of tax return.
Citations:
[2012] UKFTT 350 (TC)
Links:
Income Tax
Updated: 03 November 2022; Ref: scu.462672