Commentary on Sections Overview Overview Section 115: Duty to give notice that adjustment has rendered reduction too large
247.This section requires the taxpayer to give notice that an adjustment of the amount of tax payable has rendered the reduction excessive. It is based on section 811(5) to (10) and 832(1) of ICTA, sections 278(3) to (7) and 288(1) of TCGA and section 989 of ITA.