Section 24
Recovery of tax subject to concessionary rate
of Economic Expansion Incentives (Relief from Income Tax) Act 1967
ActIn forceProvision 24 of 65
Section 24
Amended by11/2016
Despite any other provision of this Part, the Comptroller may, subject to section 74 of the Income Tax Act 1947, make an assessment or additional assessment upon a company to make good any loss of tax, if it appears to the Comptroller that any income of the company ought not to have been taxed at a concessionary rate under section 21 or 23.[19L