List six matters that are contained in a notice of assessment.

Matters that are contained in a notice of assessment

  • Notice to the taxpayer that he has been assessed under the Income Tax Act (ITA)
  • Information to the taxpayer that he has a right to object to the notice of assessment
  • Amount of tax assessed or loss to be carried forward
  • Amount of relief available (in case of individual)
  • Any amount of tax paid at source
  • Personal identification number (PIN)
  • Interest and penalties where applicable
  • Amount of tax payable, due date, or where tax is overpaid amount of refund
  • Name/and address of taxpayer
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