67Amendment of assessments

#### 67 Amendment of assessments (1) The Commissioner may amend an assessment in relation to a person within 4 years after the day on which notice of the assessment was given to the person. > Note 1: If a person’s return is taken to be an assessment under section 62, the Commissioner is taken to have given a notice of assessment to the person on the day the person gave the return to the Commissioner: see subsection 62(4). > Note 2: The amendment period may be extended: see sections 69, 70 and 71. (2) In addition, the Commissioner may amend an assessment at any time: (a) if he or she is of the opinion there has been fraud or evasion; or (b) to give effect to a decision on a review or appeal; or (c) as a result of an objection, or pending a review or appeal; or (d) to give effect to a determination under paragraph 53(1)(c); or (e) to take account of the operation of subsection 5(4), 20(8), 45A(3), 45B(3) or 45C(6). (3) As soon as practicable after the Commissioner amends an assessment in relation to a person, the Commissioner must give notice in writing of the amended assessment to the person. > Note: This section applies to assessments even if no tax is payable: see the definition of assessment in section 2.