Akan v Revenue and Customs Commissioners

Income tax – Assessment. The taxpayer appealed against assessments for certain periods made by the Revenue and Customs Commissioners in relation to income tax, capital gains ans penalties relating to income arising from, and from her disposal of property in London. The First-tier Tribunal (Tax Chamber) considered that the conditions for the issue of the assessments made under s 29 of the Taxes Management Act 1970 had been fulfilled and therefore it upheld those assessments. However, it reduced the assessment in relation to a certain period and allowed the taxpayer's appeal against some of the penalties.

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