Words and Phrases - "misrepresentation that is attributable to neglect"

a
94
b
44
c
88
d
59
e
44
f
33
g
20
h
15
i
77
j
2
k
3
l
32
m
63
n
29
o
43
p
84
q
3
r
81
s
98
t
48
u
18
v
11
w
25
y
2

Venne v. The Queen, 84 DTC 6247, [1984] CTC 223 (FCTD)

Summary Under
Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) - Paragraph 152(4)(a) - Subparagraph 152(4)(a)(i)
failure to review return with obvious errors

The phrase "misrepresentation that is attributable to neglect" refers to being negligent with respect to one or more aspects of a taxpayer's tax return. The taxpayer was found not to have exercised reasonable care in the completion and filing of his returns in two respects: (1) he did not read his returns before signing them; and (2) the errors in his returns would have been obvious to a reasonable man of even his limited education.

Words and Phrases
misrepresentation that is attributable to neglect
Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 163 - Subsection 163(2) possible mistake of law was a defence 69
Tax Topics - Statutory Interpretation - Penal Provisions, Strict Construction penalty provision must be construed strictly 77