Current through Register Vol. 56, No. 21, November 4, 2024
Section 18:23-6.1 - Reassessment; investigation and audit(a) The Director has the discretion to examine all the information submitted by any taxpayer, and if the Director deems it necessary cause an audit, investigation, and reaudit of such taxpayer's books and records.(b) If upon such audit, investigation, or reaudit it is determined that there was a deficient or excessive assessment made, for any reason, including, but not limited to, the under- (or over-) valuation of real property, the Director may correct such error by reassessing the tax or any part thereof.N.J. Admin. Code § 18:23-6.1
Amended by 49 N.J.R. 456(b), effective 3/6/2017