Administrative time limits require completion of pending Super Profits Tax and Sur-tax assessments and submission of a compliance report. Directs strict adherence to administrative time limits for completion of pending Super Profits Tax and Sur-tax assessments, noting concern over existing ... Summary
Administrative time limits require completion of pending Super Profits Tax and Sur-tax assessments and submission of a compliance report.
Directs strict adherence to administrative time limits for completion of pending Super Profits Tax and Sur-tax assessments, noting concern over existing pendency where corresponding income-tax assessments are complete. Although the Sur-tax Act contains no statutory time limit, prior administrative time limits must be followed; officers must identify and remove causes of delay. Necessary instructions are to be issued to Income-tax Officers and a compliance report indicating the post-deadline position must be submitted to the Board within the prescribed reporting timeframe.
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