Special procedure for search assessments: Ordinance amendments apply only to searches initiated on or after the effective date. The Ordinance amendments to the special procedure apply only to block assessments from searches initiated on or after 1 January 1997; searches initiated on or before 31 December 1996 remain governed by the prior Chapter XIVB. For searches before 1 January 1997, no interest or penalty will be levied, assessment orders must be approved by the Commissioner, the first appeal lies with the appellate tribunal, prosecution for failure/delay in filing the block return will not be launched, and the limitation period for passing the block assessment order is one year from the end of the month in which the last search or requisition authorisation was executed.
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Provisions expressly mentioned in the judgment/order text.
Special procedure for search assessments: Ordinance amendments apply only to searches initiated on or after the effective date.
The Ordinance amendments to the special procedure apply only to block assessments from searches initiated on or after 1 January 1997; searches initiated on or before 31 December 1996 remain governed by the prior Chapter XIVB. For searches before 1 January 1997, no interest or penalty will be levied, assessment orders must be approved by the Commissioner, the first appeal lies with the appellate tribunal, prosecution for failure/delay in filing the block return will not be launched, and the limitation period for passing the block assessment order is one year from the end of the month in which the last search or requisition authorisation was executed.
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