Amendment status not verified — confirm the current text below against the official source.
If the assessing authority is satisfied that the returns furnished to him are correct and complete, he shall assess the amount of the tax and penalty, if any, due from the Generating Unit on the basis of such returns. ‘1;'5 i F I ' 10. Where the assessing authority is not satisfied that the returns are correct andrcomplfete, he may require 'the Generating Unit to furnish further statements and information and make necessary corrections of the returns and assess the taX and penalty accordingly. Filing of return and dcposit sf tax. Assessmmfi of tax. Power to call for t'urthe: statements and injbrmtém, Pit“ Where returns in respect of any period or further statements or 110161211338 information referred to in section 10, the assessing fied’ authority may assess the taXVand penalty or, as the case may be, correct the returns and assess the tax and penalty accordingly. - . Refiew‘