Income tax – self-assessment and discovery assessments – computation of taxable profits – whether takings properly recorded – on facts, no – whether various categories of expenditure deductible – held on facts that approach taken by HMRC reasonable in circumstances – no basis for adjusting assessments and amendments made – appeal dismissed
Citations:
[2011] UKFTT 755 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 04 October 2022; Ref: scu.450872