54:4-9.3 - Limitations; increase in taxable value; determination and assessment of taxable value where no return filed - New Jersey Statutes

54:4-9.3.  Limitations;  increase in taxable value;  determination and assessment of taxable value where no return filed
    Except in the case of a willfully false or fraudulent return made with intent to evade valuation, assessment or taxation of personal property pursuant  to chapter 4 of Title 54 of the Revised Statutes, no increase in any taxable  valuation of property reported or required to be reported in such return shall  be made by the assessor after the expiration of 2 years from the date of the  filing of a return;  provided that where no return required by law has been  filed, the taxable value may be determined and assessed at any time within 6  years after the date upon which such return was required to be filed.   Notwithstanding any other provision of law relating to the assessment of  taxable property omitted from assessment under said chapter, the times within  which such assessments of tangible personal property may be made shall be as  provided in this section.

     L.1960, c. 51, s. 33.