The sending date on the notice of reassessment for the taxpayer’s 20X2 tax return was July 10, 20X7. The sending date on the original notice of assessment for the taxpayer’s 20X2 tax return was June 20, 20X3.
a) Does the CRA have the right to reassess the 20X2 tax return on July 10, 20X7? Income tax reference: ITA 152(3.1).
b) If the taxpayer wishes to dispute the reassessment, by what date must the notice of objection be filed? Income tax reference: ITA 152(3.1), 165(1).