Commentary on Sections Overview Overview Section 949: Payments in an accounting period
2906.This section contains the main provisions regarding the delivery of returns for section 946 payments made in an accounting period. It is based on paragraphs 2 and 3 of Schedule 16 to ICTA.
2907.This section sets out when a return needs to be delivered and the information which must be included (the amount of any section 946 payment and the amount of income tax payable).
2908.This section clarifies that a return needs to be delivered for a return period only when a section 946 payment is made in the return period. See Change 143 in Annex 1.
2909.As part of this change, other sections clarify when and how a set-off claim can be made (see sections 952 and 953), when an assessment may be made (see section 957(1)) and when the payer is under a duty to correct a return (see section 958(1)).