Raymond Yeung Tax Consultant former Assessor of Inland Revenue Department 前稅局評稅主任楊輝洪

飛鴻稅務顧問  Qualifications   出版書目  

Tel /WhatsApp /WeChat 94735846  *email: yeungfhr@qq.com  

Service charge $500/hr *Hang Seng Bank Account: 385 599279 883 *Payment thru mobile phone: PayMe / FPS轉數快 Yeung Fai Hung *會面:上水廣場5樓太興餐廰  *報稅分析 *稅務咨詢 *記帳系統 *業務報稅 *稅務課程


Correction of error or omission


Section 70 of IRO: An assessment is final and conclusive in the following situations:

  1. no valid objection or appeal to Board of Review or to court has been lodged within the time limit;

  2. the objection has been withdrawn or dismissed by Board of Review or by court; or

  3. where a revised assessment has been agreed under Section 64(3);

  4. where an assessment is determined by the Board of Review which refuses to refer the case to court on a question of law. 

Nevertheless, Section 60 empowers an Assessor to make additional assessment within 6 years  after the end of the year of assessment on matters that have not been determined under the objection. This 6-year time limit is extended to 10 year in case of fraud or willful evasion. Besides, Section 70A allows the Commissioner to revise the assessment to correct an error or omission within 6 years after the end of the year of assessment, even though the assessment has become final and conclusive under section 70.


In the Board of Review case No. 108/03, the time limit for application for correction of error under Section 70A is discussed. Press here for details.


Section 70 is only applicable to an 'assessment'. A statement of loss as agreed by the taxpayer with the Assessor is not final and conclusive under section 70 because it is not an 'assessment' - CIR v Yau Lai Man trading as L. M. Yau & company.


楊輝洪 Raymond Yeung 為你提供:


* 稅務顧問服務 * 飛鴻作品下載 * 寫好英文信件 * 基礎法律知識 * 實用稅務課程 * 英文速成課程 * 見工英語速成 * 中英文寫作服務 * 電腦會計記帳系統



email: yeungfhr@qq.com

Tel /WhatsApp 94735846



My Performance Pledge QEEP

My Curriculum Vitae/resume

Value for Money, for sure!

Why you must own my CDR 

Why my service fee is so low





香港稅務課程 Practical Taxation Course


Private tuition of Hong Kong Taxation of Law and Practice

$900 兩小時,單對單教授,:香港稅務知識加強版香港報稅軟體

報讀者可在一年內免費電話咨詢一次  詳情按此