§ 32. Taxpayers' returns. Every taxpayer, on or before March
fifteenth, nineteen hundred sixty-seven, and annually thereafter, shall
make a return subscribed by the taxpayer and affirmed by him to be true
under the penalties of perjury to the director of finance, for the
calendar year next preceding, as to the business or that portion of the
business of such taxpayer the income from which is the basis of taxation
under this part, except that every trust company and savings bank which
shall become incorporated between the thirty-first day of December and
the succeeding first day of July, shall make its return for such period
on or before September first, and every taxpayer, other than a trust
company and savings bank, which shall commence to do business in the
city or become located in the city, shall make its return for the
calendar year in which it commences to do business or becomes located,
on or before the twentieth day of January of the year succeeding such
calendar year, and except that every taxpayer, other than a trust
company and savings bank, which shall be dissolved, cease to do business
in the city or cease to be located in the city, between the thirty-first
day of December and the succeeding sixteenth day of March and shall not
become merged or consolidated with another corporation taxable under the
same subpart, shall make its return for such period on or before the
date of such dissolution, or cessation of business, and every trust
company and savings bank which shall be dissolved, and shall not become
merged or consolidated with another corporation taxable under the same
subpart, shall make its return, for the period for which it is taxable
under subdivision seven of section twelve of this part on or before the
date of such dissolution. Such return shall be in such form and contain
such information as the director of finance may require for the purpose
of making any computation or otherwise performing its duty under this
part. Such return shall state specifically the items of gross income
derived from such business and the deductions allowed by this part, the
net income which is the basis of the tax, and the amount of tax due.
The return shall be subscribed by the president, vice-president,
treasurer, assistant treasurer, chief accounting officer or any other
officer of the taxpayer duly authorized so to act. The fact that an
individual's name is signed on the return shall be prima facie evidence
that such individual is authorized to subscribe and affirm the return on
behalf of the corporation. Blank forms of return shall be furnished by
the director of finance upon application, but failure to secure the form
shall not relieve any taxpayer from the obligation of making any return
herein required. An automatic extension of three months for the filing
of its annual return shall be allowed any taxpayer if, within the time
prescribed herein for the filing thereof, such taxpayer files with the
director of finance an application for extension in such form as the
director of finance may prescribe by regulation and pays on or before
the date of such filing the amount properly estimated as its tax. The
director of finance may grant a reasonable extension of time for filing
a return, which may be in addition to any automatic extension allowed
under the preceding sentence, whenever in its judgment good cause exists
and shall keep a record of every such extension and the reason therefor.
No such extension or extensions shall aggregate more than three months,
exclusive of any automatic extension.

If the amount of taxable income for any year of any taxpayer as
returned to the United States treasury department is changed or
corrected by the commissioner of internal revenue or other officer of
the United States or other competent authority, or if a taxpayer,
pursuant to subsection (d) of section sixty-two hundred thirteen of the
internal revenue code, executes a notice of waiver of the restrictions
provided in subsection (a) of said section, such taxpayer shall report
such change or corrected taxable income or such execution of such notice
of waiver and the changes or corrections of his federal taxable income
on which it is based, within ninety days after such execution or the
final determination of such change or correction, or on its next return
under this part, or as required by the director of finance, and shall
concede the accuracy of such determination or state wherein it is
erroneous. Any taxpayer filing an amended return with such department
shall also file within ninety days thereafter an amended return with the
director of finance which shall contain such information as it shall
require.