Clause 49

by inserting, immediately after the words “subsections (2) and (3)” in subsection (1), the words “and (if applicable) his duty under subsection (8)”; and

by inserting, immediately after subsection (7), the following subsection:“(8) If any incorrect information appears in a notice of assessment for any year of assessment served on a person who is exempted from the liability to furnish a return under section 62(2), he shall, within 30 days from the date of service of the notice or such extended time as the Comptroller may allow, inform the Comptroller by notice in writing —

if the incorrect information relates to any understatement or omission of income, of the correct amount of income from every source for that year of assessment; or

if the incorrect information relates to any deduction or relief which is excessive or which is wrongly granted, of the correct amount of deduction or relief for that year of assessment or the fact that the deduction or relief is wrongly granted, as the case may be.”.