Sec. 20. If an assessing official changes a valuation made by a person on the person's personal property return or adds personal property and its value to a return, the assessing official shall, by mail, immediately give the person notice of the action taken. However, if a taxpayer lists property on the taxpayer's return but does not place a value on the property, a notice of the action of an assessing official in placing a value on the property is not required.
[Pre-1975 Property Tax Recodification Citation: 6-1-23-13.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.146-2008, SEC.62.