Amendment status not verified — confirm the current text below against the official source.
If, for any reason the whole or any portion of the tax leviable under this Act in respect of any month has escaped assessment, the prescribed officer, may, at any time, within, but not beyond [ten years] from the expiry of that month, assess the tax which has escaped assessment, after issuing a notice to the operator and making such inquiry as the officer may consider necessary: [Provided that in computing the period of limitation for the assessment of tax under this section, the periods, if any, during which such assessment has been stayed by an injunction or order of any Court shall be excluded]. Substituted Act 4 of 1973 (01/07/1963). Inserted by ibid.