28 Mar 2014
GOOD MARK INDUSTRIAL LTD v. COMMISSIONER OF INLAND REVENUE
- Citation
- GOOD MARK INDUSTRIAL LTD v. COMMISSIONER OF INLAND REVENUE
- Court
- Court of First Instance
- Case number
- HCAL88/2012
s70A(1) must be construed narrowly: it does not authorize a taxpayer to seek a general correction of all assessments for the year once a later reassessment is made; the assessor is not obliged to correct prior final assessments beyond the scope of the relevant notice of assessment and the phrase 'arithmetical error or omission' is not to be read as authorizing non-arithmetical reopenings; time limits are mandatory; accordingly the application to quash the respondent's decisions failed.