Singapore legislation
Clause 17
Clause 17
Repeal and re-enactment of section 63A
Section 63A of the principal Act is repealed and the following section substituted therefor:“Furnishing of estimate of chargeable income if no return is made under section 6363A.—
(1)
Every person carrying on or exercising any trade, business, profession or vocation who has not made a return under section 63 for any year of assessment shall, within 3 months after the end of the accounting period relating to that year of assessment, furnish to the Comptroller an estimate of his chargeable income.(2) Any person who fails or neglects without reasonable excuse to furnish the estimate of his chargeable income as required under subsection (1) shall be guilty of an offence.”.