§ MR. MORTON (Deptford)To ask Mr. Chancellor of the Exchequer whether commercial firms, whose Income Tax returns have been independently certified by a professional accountant and auditor, are liable to be surcharged by the Income Tax Commissioners, or to send in their accounts to be examined.
(Answered by Mr. Ritchie.) If the District Commissioners are not satisfied with the return rendered by any person for the purposes of assessment to Income Tax (whether certified by an independent accountant or not), they have power under Section 113 of the Income Tax Act of 1842 to make an assessment according to their own judgment subject to an appeal. On appeal the Commissioners are authorised by Section 120 of the same Act to require at their discretion any particulars or accounts which they may deem necessary.