SECTION PART I.- PRELIMINARY 1. Short title 2 ... - Lexadin

1996 No. 30
(4) Notwithstanding the other provisions of this section, where any form
of fraud, wilful default or neglect has been committed by or on behalf of
any company in connection with any tax imposed under this Act, the
Board may, at any time and as often as may be necessary, assess the
company on any such amount as may be necessary for the purpose of
recovering any loss of tax attributable to the fraud, wilful default or
neglect.
Making of
assessments,
etc.
35. (1) Assessments of tax shall be made in such form and in such
manner as the Board shall authorise and shall contain the names and
addresses of the companies assessed to tax or of the persons in whose
names any companies (with the names of such companies) have been
assessed to tax, and in the case of each company for each of its
accounting periods, the particular accounting period and the amount of
the chargeable profits of and assessable tax and chargeable tax for that
period.
(2) When any assessment requires to be amended or revised, a form of
amended or revised assessment shall be made in a manner similar to that
in which the original of that assessment was made under subsection (1)
of this section but showing the amended or revised amount of the
chargeable profits, assessable tax and chargeable tax.
(3) A copy of each assessment, and of each amended or revised
assessment shall be filed in a list which shall constitute the Assessment
List for the purpose of this Act.
Annotation
16
Notices of
assessment,
etc.
36. (1) The Board shall cause to be served personally on or sent by
registered post to each person whose name appears on an assessment in
the Assessment List, a notice of assessment stating its accounting period
and the amount of its chargeable profits, assessable tax and chargeable
tax charged and assessed upon the company, the place at which payment
of the tax should be made, and informing such company of its rights
under subsection (2) of this section.
(2) If any person in whose name an assessment was made in accordance
with the provisions of this Act disputes the assessment, that person may
apply to the Board, by notice of objection in writing, to review and
revise the assessment so made on him; and such application shall be
made within twenty-one days from the date of service of the notice of
such assessment and shall state the amount of chargeable profits of the
company of the accounting period in respect of which the assessment is
made and the amount of the assessable tax and the tax which such
person claims should be stated on the notice of assessment.
(3) The Board, upon being satisfied that owing to absence from Nigeria,
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