Singapore legislation

Clause 53

of Income Tax (Amendment) Bill

Clause 53

Amendment of section 100

Section 100 of the principal Act is amended —

(a)

by deleting the word “Any” in subsection (2) and substituting the words “Subject to subsection (3), any”;

(b)

by inserting “37(18B),” immediately after the words “13R(3) or (5),” in subsection (2); and

(c)

by inserting, immediately after subsection (2), the following subsection:“(3) An action to recover a penalty imposed under section 87(1) on any amount recoverable under section 37H(8) (including interest imposed under section 37H(10)) shall not be brought after the expiration of 6 years from the date on which the cause of action accrued.”.

Clause 53 — Income Tax (Amendment) Bill | laws.sg