Which of the following is NOT one of the criteria that must be met before an adjustment to a previous year tax return is permitted?
A)The CRA must be satisfied that the previous assessment was incorrect.
B)The change is based on a successful appeal to the courts by another taxpayer.
C)The taxpayer's return was filed within 3 years of the end of the year to which it relates.
D)The reassessment must be made within the normal assessment period, or under certain permitted extensions to this period.

Question

Quizplus · Accepted Answer

The criteria listed are all necessary for a taxpayer to make an adjustment to a previous year tax return, except for an appeal to the courts by another taxpayer. Other taxpayers' appeals do not affect an individual's ability to adjust their own tax return.

Which of the Following Is NOT One of the Criteria