Section 39A
Deemed assessment on the amended return
of Petroleum (Income Tax) Act 1967
Where for a year of assessment a chargeable person has furnished an amended return in accordance with section 30B, the
Director General shall be deemed to have made, on the day on which the amended return is furnished, an assessment or additional assessment in respect of that person relating to the amount of tax or additional tax payable on the chargeable income, based on the respective amounts as specified in the amended return.
(2)
For the purposes of this Act, where the Director General is deemed to have made an assessment or additional assessment under subsection (1)—
*NOTE—The Goods and Services Tax Act 2014 [Act 762] has since been repealed by the Goods and Services Tax (Repeal) Act 2018 [Act 805] which comes into operation on 1 September 2018–see section 3 of Act 805.
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(a)
the amended return referred to in that subsection shall be deemed to be a notice of assessment or additional assessment; and
(b)
such deemed notice of assessment or additional assessment shall be deemed to have been served on the chargeable person on the day on which the Director General is deemed to have made the assessment or additional assessment.