When an income tax return is received by the Inland Revenue Department, it will be reviewed by an assessor. If the return is incomplete or incorrect, you may be contacted to clarify any information or you may be asked to re-file. Once the tax return has been assessed, the taxpayer will receive a notice of assessment and a document entitled “Income Tax Computation and Explanation of Adjustment(s)” which will outline the details of the assessment and explain any adjustments, made by the Inland Revenue Department.
The Comptroller may refuse to accept a tax return if it does not meet the minimum filing requirements. Section 52 (2) b of the Income Tax Act states that the comptroller
Where a person has delivered a return, the Comptroller may…
When a return is rejected and the taxpayer does not resubmit before the due date, late filing penalties and interest will be charged.
…. refuse to accept the return and, to the best of his or her judgment,
determine the amount of the chargeable income of the person and assess him or her accordingly.