Section 207.4 — Income Tax Act: Return and payment of tax

Any institution, public authority, charity or municipality that is liable to pay a tax under subsection 207.3 or 207.31 in respect of a year shall, within 90 days after the end of the year, file with the Minister a return for the year under this Part in prescribed form and containing prescribed information without notice or demand therefor; estimate in the return the amount of tax payable by it under this Part in respect of the year; and pay to the Receiver General the amount of tax payable by it under this Part in respect of the year. Subsections 150(2) and 150(3), sections 152 and 158, subsections 161(1) and 161(11), sections 162 to 167 and Division J of Part I are applicable to this Part with such modifications as the circumstances require.