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Version status: Deleted | Document consolidation status: Updated to reflect all known changes
Version date: 6 February 2003 - onwards
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161. Rectification of excessive set-off of advance corporation tax.

Deleted from 6 February 2003

Where an inspector discovers that any set-off of advance corporation tax under section 160 ought not to have been made, or is or has become excessive, the inspector may make any such assessments as may in his or her judgment be required for recovering any tax that ought to have been paid and generally for securing that the resulting liabilities to tax (including interest on unpaid tax) of the person concerned are what they would have been if only such set-offs had been made as ought to have been made.

Comparing proposed amendment...