Extension of processing-direction deadline for tax return scheme allows government to issue directions later with retrospective effect. Amendment replaces the statutory cutoff date limiting the Government's power to issue notifications that suspend or modify application of provisions relating to the processing of returns for implementing a specified scheme, thereby permitting such directions until the new cutoff. The amendment is given retrospective effect to the start of the prior fiscal year so the extended notification power and related departures from standard processing rules operate from that earlier date.
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Extension of processing-direction deadline for tax return scheme allows government to issue directions later with retrospective effect.
Amendment replaces the statutory cutoff date limiting the Government's power to issue notifications that suspend or modify application of provisions relating to the processing of returns for implementing a specified scheme, thereby permitting such directions until the new cutoff. The amendment is given retrospective effect to the start of the prior fiscal year so the extended notification power and related departures from standard processing rules operate from that earlier date.
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