Newell and Another (T/A Tanya’s Takeaway) v Revenue and Customs: FTTTx 13 Dec 2013

FTTTx INCOME TAX – 2006-07 partnership return amended following enquiry – whether profits for that tax year understated – whether partnership statements for the following four tax years should be amended in accordance with the principle of continuity – whether penalties charged should be upheld – held that profits not understated – all appeals allowed

[2013] UKFTT 742 (TC)
Bailii
England and Wales

Income Tax

Updated: 28 November 2021; Ref: scu.519636