4 Jan 2010
FAN KIN NANG AND ANOTHER v. COMMISSIONER OF INLAND REVENUE
- Citation
- FAN KIN NANG AND ANOTHER v. COMMISSIONER OF INLAND REVENUE
- Court
- Court of First Instance
- Case number
- HCIA9/2009
Section 70's finality is limited to the amounts of assessable income or profits determined; where a court subsequently determines an assessable amount (here Yam J disallowing a claimed loss), the Commissioner may issue a revised personal assessment to give effect to that decision and s.60(1)'s time bar does not prevent an assessment issued to implement a court determination, therefore PA2 was valid and not a collateral attack on the earlier judgment.