Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-1 - RETURNS AND ASSESSMENTS  

Division 155 - Assessments  

Subdivision 155-B - Amending assessments  

When Commissioner may amend assessments

SECTION 155-50   155-50   AMENDMENT TO GIVE EFFECT TO PRIVATE RULING  


The Commissioner may amend an assessment of an * assessable amount of yours at any time, if:


(a) you apply for a * private ruling during the * period of review for the assessment; and


(b) the Commissioner makes a private ruling because of the application.

The Commissioner may amend the assessment to give effect to the ruling.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.