Finance Act, 1995

Amendment of section 22 (estimation of tax due for a taxable period) of Principal Act.

136.—Section 22 of the Principal Act is hereby amended in subsection (1) by the insertion of the following proviso to that subsection:

“Provided that where the Revenue Commissioners are satisfied that the amount so estimated is excessive, they may amend the amount so estimated by reducing it and serve notice on the person concerned of the revised amount estimated and such notice shall supersede any previous notice issued under this subsection.”.