Alteration or modification of return; notice; form; time; penalty
Sec. 6. (a) Each taxpayer shall notify the department in writing of
any alteration or modification of a federal income tax return filed
with the United States Internal Revenue Service for a taxable year
that begins after December 31, 1988, including any modification or
alteration in the amount of tax, regardless of whether the
modification or assessment results from an assessment.
(b) The taxpayer shall file the notice in the form required by the
department within one hundred twenty (120) days after the alteration
or modification is made by the taxpayer or finally determined,
whichever occurs first.
(c) The taxpayer shall pay an additional tax or penalty due under
this article upon notice or demand from the department.
As added by P.L.347-1989(ss), SEC.1.
Last modified: May 28, 2006