24Notice of assessment or withdrawal of assessment

24 Notice of assessment or withdrawal of assessment

(1)  If the Commissioner makes or withdraws an assessment, the Commissioner –

(a) may serve a notice of assessment or withdrawal on the taxpayer; and

(b) must serve such a notice on the taxpayer if the taxpayer so requests.

(2)  A notice of assessment is to –

(a) be expressed to be an assessment of liability to a tax; and

(b) show the amount of tax assessed; and

(c) specify the rate of interest or penalty tax payable in respect of any tax default; and

(d) specify the date on or before which any assessment is payable.