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.


 

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