Part 3: Relocation of section 42 of ICTA
Overview
1298.This Part inserts sections 302A, 302B and 302C into Chapter 4 of Part 3 of ITTOIA (profits of property businesses: lease premiums etc), which deal with determinations of amounts treated as receipts by that Chapter. They are based on section 42 of ICTA and take account of amendments to that section by paragraph 133 of Schedule 1 to the Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (SI 2009/56) which came into force on 1 April 2009.
Section 302A of ITTOIA: Appeals against proposed determinations
1299.Section 302A provides for determinations of amounts that may affect the liability of more than one person and for appeals against proposed determinations.
Section 302B of ITTOIA: Section 302A: supplementary
1300.Section 302B> supplements section 302A.
Section 302C of ITTOIA: Determination by tribunal
1301.Section 302C provides for objections to provisional determinations under section 302A to be determined by an independent tribunal.
Section 242 of CTA 2009: Determination by tribunal
1302.Wording in section 242(2) of CTA 2009 is aligned with that in section 302C(2) of ITTOIA.
