FTTTx INCOME TAX – self assessment – enquiry – closure notice disallowing claimed expenditure – discovery assessments raised for earlier years – whether evidence to support claim for greater level of expenditure – no – assessments to stand under s 50(6) TMA 1970 – whether discovery assessments appropriate – held, yes, on basis of assumed continuity – appeal dismissed
Citations:
[2012] UKFTT 184 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 03 November 2022; Ref: scu.462645