Income Tax Act, 1962 (Act 58 of 1962)
Chapter III: General Provisions
Part II: Assessments
79B. Withdrawal of assessments (Repealed)
[Repealed by the Tax Administration Act, 2011 (Act No. 28 of 2011)].
|1)||The Commissioner may, notwithstanding the fact that no objection has been lodged or appeal has been noted in terms of Part III of Chapter III, withdraw an assessment, which –|
|a)||was issued to the incorrect taxpayer; or|
|b)||was issued in respect of the incorrect year of assessment.|
|1A)||The Commissioner must withdraw any assessment issued in respect of-|
|a)||the estate of a person for the period prior to the date of sequestration; and|
|b)||the insolvent estate of that person,|
where the sequestration order is set aside.
|2)||Any assessment withdrawn by the Commissioner in terms of this section shall for all purposes of this Act be deemed not to have been issued.|
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