Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Discovery upheld

22 January 2018
Issue: 4632 / Categories: Tax cases

Haider Ali Hashmi and others (TC6291)

Insufficient reasons for incorrect self-assessment tax returns

The taxpayers carried on a business in partnership but lodged appeals against assessments made on them as individuals. Although there was some dispute about the facts the First-tier Tribunal held that the three individuals had as joint owners acquired and then disposed of a property in Dubai. They claimed that they had in effect made a general investment into a property portfolio and the sums received were in part repayments of interest.

The assessments raised were discovery assessments and the burden of proof was on HMRC to show that the conditions were met; in other words there had been a loss of tax brought about by the taxpayer’s deliberate behaviour. The tribunal agreed that the burden had been met. It found that the taxpayers knew that they had sold a property and deliberately omitted...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon