Section 40082 Of Article 4. Determinations If No Return Made From California Revenue And Taxation Code >> Division 2. >> Part 19. >> Chapter 4. >> Article 4.

. In making a determination the board may offset overpayments for a period or periods, together with interest on the overpayments, against underpayments for another period or periods, against penalties, and against the interest on the underpayments.