Income Tax Act, 1962 (Act No. 58 of 1962)Notices2010 NoticesVoluntary Disclosure Programme and Taxation Laws Second Amendment Act, 2010 (Act No. 8 of 2010)8. Withdrawal of voluntary disclosure relief |
| (1) | In the event that, subsequent to the conclusion of the voluntary disclosure agreement under section 7, it is established that the applicant failed to disclose a matter that was material for purposes of making a valid voluntary disclosure under section 4, the Commissioner may— |
| (a) | withdraw any relief granted under section 6; |
| (b) | regard any amount paid in terms of the voluntary disclosure agreement to constitute part payment of any further outstanding tax in respect of the relevant default; and |
| (c) | pursue prosecution for any statutory offence under a tax Act or a related common law offence. |
| (2) | Any decision by the Commissioner under subsection (1) is subject to objection and appeal or internal review. |