TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Returns Adjusted for Errors and Incorrect Claims; No Demand Notice After 12 Months</h1> The Department processes tax returns by computing tax bases after correcting any arithmetic errors and apparent incorrect claims. Tax and interest are calculated based on these corrected bases, and any amounts payable or refundable are adjusted for pre-paid taxes. An intimation is sent to the taxpayer detailing these computations. No demand notice is issued if the return is processed more than twelve months after submission. A centralized processing scheme may be established for efficiency. Incorrect claims are those inconsistent with other entries, lacking required substantiation, or exceeding statutory limits. Adjustments include tax and interest differences from declared amounts.
TaxTMI 
TaxTMI 
