43. Increase in penalty tax for concealment

In lieu of the amount calculated according to section 41(1)(b), the Authority may increase the amount of penalty tax payable upon the giving of a rectification order by using 50% of the amount of land betterment charge worked out under section 41(1)(a), if the Authority is satisfied that —

the Authority has informed the tax payer given the rectification order that an investigation is to be carried out; and

before the investigation is completed, the tax payer (or a person acting on behalf of the tax payer) hinders or obstructs an authorised officer exercising functions under Part 8, or a designated valuer exercising functions under Part 8, for the purposes of determining the tax payer’s liability.