top of page

TOC Processing Pty Ltd and Commissioner of Taxation (Taxation) [2022] AATA 2479

TAXATION – INCOME TAX – where Commissioner of Taxation treated ‘unexplained deposits’ as assessable income – where applicant claimed the deposits where credit card deposits processed for an overseas company – where minimal contemporaneous records available to the support the applicant’s claims – where applicant’s director provided witness statements but for health reasons not available for cross examination – burden of proof not discharged – decision affirmed

Full decision here


bottom of page