Catchwords:

TAXATION – appeal from single judge decision quashing decision of the Administrative Appeals Tribunal to affirm objection decision made by Commissioner – where amount of unexplained deposits received by a trust assessed as ordinary income – where taxpayers’ evidence that the deposits were loans or equity contributions from taxpayers’ parents was rejected by the Tribunal – whether taxpayers discharged their onus of proof under s 14ZZK of the Taxation Administration Act 1953 (Cth)