Last v. The Queen, 2012 DTC 1290 [at at 3895], 2012 TCC 352 -- summary under Evidence

The taxpayer disputed, inter alia, the amount of revenue from various business activities. In granting some but not all of the adjustments the taxpayer requested, Woods J. commented that, leaving aside the objective evidence such as business records, the taxpayer himself was not credible. His evidence was often insufficiently detailed, evasive, or implausible. He showed a "flagrant disregard" for the statutory obligation to file timely returns (para. 20), and he apparently did share-trading activities based on false statements in SEC filings.