Income Tax Act, 1967.

Confirmation and amendment of assessments.

424.—If—

(a) the Special Commissioners see cause to disallow an objection of the inspector to a schedule; or

(b) on the hearing of an appeal, the Special Commissioners are satisfied with the assessment, or if, after the delivery of a schedule, they are satisfied therewith and have received no information as to its insufficiency,

they shall confirm or alter the assessment in accordance with the schedule, as the case may require.