Section 30A: Power to Order for Re-assessment of Tax

1) The Director General may, clearly setting out the reason and executing a memorandum, order the concerned tax officer or any other tax officer to make re-assessment of the tax if it appears from the information received by the Director General that, prior to its assessment, any action related to such tax assessment has become irregular or is going to be irregular.

2) The Director General may, within four years of the date of initial tax assessment, order for amendment in the tax assessment order if it appears that there has been reduction in tax liability as a result of recklessness or mala fide intention on the part of the tax officer.