One of my clients were selected for verification of their income tax return for the 2015 year end, but as we did not receive the normal email notification for the verification it was only noted when the provisional tax was done and the taxable income for
Important:
This answer is based on tax law for the year ending 28 February 2020.
Answer:
The only and correct way is to object to the assessment. Depending on when the assessment was issued, it may well be that it is too late to object to the assessment – see section 104 of the Tax Administration Act. You will have to request condonation of the late objection. SARS may well argue that the assessment was properly delivered and may not see that as reasonable or exceptional circumstances.
If outside the time periods for the above, we submit that the option of requesting a reduced assessment, under section 93(1)(d) of the Act, may not be available. That requires a readily apparent undisputed error in the assessment by SARS.