FALSE RETURNS OF INCOME TAX

Chronicle (Levin), 17 August 1946, Page 3

FALSE RETURNS OF INCOME TAX

WELLINGTON. Aumist Hi. _ Deseribeil bv the prosivulor, M r. W . II. Fuuiiin»tuuiij us oue oi" ihe vorst easos evor to eonie before ihe ourl. i-s onlv redeeming feature being ihe assisl-aiu-e given by the niauager in elearing up the matter, Lorkwood and Sous, Ltd.. (tlniznee Street, were eha r»etl 111 thf .Magislrate V Court today with lliree int'oriuations of niaking lalse returus of incoine for the years eudiiig Juno :5». lil.F'i, 1 i >4-4- and 1915. Tlicy pleaded "Uill'y and a hue of £11H) «:is iniposed nii I'iich char.ee l>y the Majti^tiate, AI>. U. .1. Thoiupsoji. ,

yir. Fuuniiifthani prodneed fiifures fdiowinj» tliat in lh b'i the conipany niade a return of incoine of £74.':;! 1-rf b'd, whereas Ihe incoine, as now as.sessed. was £12,5o;i lSs 10d. ~ I n 1044, eoniparable Jtgures wero £7:!4o tis ltd and £14,4.S() '4s od. In 104."), tliey wero £o7ii7 7s l'ld and £27,00S 10s 7d. Mr. I'unnin^ham said that defe.ndant comjjany, a private oue with eapital of £::im(i, had carried on a successful Imsiness as wholcsale cheinists unlil December last. The stoek had then lieen sold and wlfen tlie new juirchaser took over inquiries wero niade. The, voue.liers for saies and purehases had been burnt Imf ihe niana.t>er of the linn had assisted the 14epartment to obtain eorreet li»ures. lt was also stated that the tolal ta^ evasion would be puid.