Phillips v Commissioner of Inland Revenue - [1959] NZLR 1357

Revenue — Income tax — Assets Method of Deducing Income — Taxpayer's Denial on oath of Ownership and Existence of Asset claimed by Commissioner to have been accumulated — Onus of Proof on Commissioner to prove Existence of Such Asset to displace Taxpayer's Denial — Land and Income Tax Act 1954, ss. 17, 32.