Section Sch50-“ 93C — Income Tax Act 2007: Foreign tax credits: Commissioner’s power to amend assessments

“ 93C Foreign tax credits: Commissioner’s power to amend assessments “ (1) This section applies when a person is entitled to a tax credit under section LK 1 of the Income Tax Act 2007 and— “ (a) the amount of the credit cannot be determined before the time by which the person must file a return of income for an income year; and “ (b) the person asks the Commissioner for an amended assessment within 4 years after the end of the income year. “ (2) The Commissioner must amend the assessment for the income year to reflect the amount of the credit. “ Compare: 2004 No 35 s LC 4(1C) ” .