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Amendment of section 110 of Principal Act (estimation of tax due)
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59. Section 110 of the Principal Act is amended in subsection (2) by substituting the following for paragraph (c) —
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“(c) if, after the service of the notice, the person—
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(i) furnishes a return, in accordance with regulations, in respect of the period specified in the notice, and
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(ii) pays tax in accordance with the return, together with any interest and costs which may have been incurred in connection with the default,
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the notice shall stand discharged and the person may claim, in accordance with regulations, a refund of any excess tax which may have been paid in respect of the period specified in the notice.”.
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