(a) Assessment date. The amount of tax which a return shows to be due, or the amount of tax which a return
would have shown to be due but for a mathematical error, shall be deemed to be assessed
on the date of filing of the return (including any amended return showing an increase
of tax). In the case of a return properly filed without computation of tax, the tax computed
by the director shall be deemed to be assessed on the date on which payment is due. If a notice of deficiency has been mailed, the amount of the deficiency shall be
deemed to be assessed on the date specified in subsection (b) of section 54A:9-2 if no petition to the director is filed, or if a petition is filed, then upon the
date when a decision of the director establishing the amount of the deficiency becomes
final. If an amended return or report filed pursuant to section 54A:8-7 concedes the accuracy of a Federal change or correction, any deficiency in tax under
this act resulting therefrom shall be deemed to be assessed on the date of filing
such report or amended return, and such assessment shall be timely notwithstanding
section 54A:9-4. If a notice of additional tax due, as prescribed in subsection (e) of section 54A:9-2 has been mailed, the amount of the deficiency shall be deemed to be assessed on the
date specified in such subsection unless within 30 days after the mailing of such
notice a report of the Federal change or correction or an amended return, where such
return was required by section 54A:8-7 is filed accompanied by a statement showing wherein such Federal determination and
such notice of additional tax due are erroneous. Any amount paid as a tax or in respect of a tax, other than amounts withheld at
the source or paid as estimated income tax, shall be deemed to be assessed upon the
date of receipt of payment, notwithstanding any other provisions.
(b) Other assessment powers. If the mode or time for the assessment of any tax under this act (including interest,
additions to tax and assessable penalties) is not otherwise provided for, the director
may establish the same by regulations.
(c) Estimated income tax. No unpaid amount of estimated tax under section 54:8-5 1 shall be assessed.
(d) Supplemental assessment. The director may, at any time within the period prescribed for assessment, make
a supplemental assessment, subject to the provisions of section 54A:9-2 where applicable, whenever it is ascertained that any assessment is imperfect or
incomplete in any material respect.
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