Revival of abated assessments after annulment restores assessment from receipt of annulment order by the Commissioner, subject to set aside. Amendment inserts sub section (2) to section 153A, effective 1 June 2003, providing that if a proceeding or assessment under sub section (1) is annulled ... Summary
Revival of abated assessments after annulment restores assessment from receipt of annulment order by the Commissioner, subject to set aside.
Amendment inserts sub section (2) to section 153A, effective 1 June 2003, providing that if a proceeding or assessment under sub section (1) is annulled in appeal or other legal proceeding, any assessment year that abated under the second proviso to sub section (1) shall be revived from the date the Commissioner receives the annulment order; such revival ceases if that annulment order is set aside.
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