59-7-206. Offsets against tax.
There shall be offset against the tax imposed by this part for any period the amount of any tax imposed on the taxpayer under Sectionfor the same period. In the event that taxes, interest, and penalties have been or shall be assessed against, paid by, or collected from a taxpayer under Section, which assessment, payment, or collection should have been made under Section, such taxes, interest, and penalties shall be considered as having been assessed, paid, or collected under Sectionas of the dates they were made.