SCHEDULES
SCHEDULE 24Self-assessment: accounting periods etc.
Part IAmendments of the Taxes Management Act 1970
Power to enquire into return for wrong period, etc.
3
In section 11AA (return of profits to include self-assessment), after subsection (4) there shall be inserted the following subsections—
5
This section, except subsection (4) above, applies in relation to a return for a period—
a
which ends in or at the end of the period specified in the section 11 notice;
b
which in the return is treated as an accounting period; but
c
which is not, or may not be, an accounting period.
6
In relation to such a return, “the filing date” means, in this section and section 11AB of this Act, the day which would be the day mentioned in section 11(4) of this Act if the period for which the return is made were an accounting period.