[30B Amendment of partnership statement where loss of tax discovered]
Taxes Management Act 1970 (1970 c 9) | Legislation

[30B  Amendment of partnership statement where loss of tax discovered]

[(1)     Where an officer of the Board or the Board discover, as regards a partnership statement made by any person (the representative partner) in respect of any period—

(a)     that any profits which ought to have been included in the statement have not been so included, or

(b)     that an amount of profits so included is or has become insufficient, or

(c)     that any relief [or allowance] claimed by the representative partner is or has become excessive,

the officer or, as the case may be, the Board may, subject to subsections (3) and (4) below, by notice to that partner so [amend the partnership return] [(including anything included in the return by virtue of section 12ABZB(7)(b) (amendment of partnership return following reference to tribunal))] as to make good the omission or deficiency or eliminate the excess.

[(2)     Where a partnership return is amended under subsection

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