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srilawsby aturio
As enacted
Contents

Part I

92. Statement of estimated tax payable not required

Official English translation. The Sinhala text prevails.

(1)

The Commissioner-General may specify by notice in writing that an instalment payer or class of instalment payers is not required to submit an estimate under section 91.

(2)

Where an instalment payer is not required to submit an estimate by reason of subsection (1), the Commissioner-General shall –

(a)

make an estimate of the person’s estimated tax payable for the year of assessment, which may be based on the tax payable for the previous year of assessment with an uplift; and

(b)

serve on the instalment payer a written notice stating the Commissioner-General’s estimate and the manner in which it is calculated.

(3)

Where the Commissioner-General serves a notice under subsection (2), for the purpose of section 90 the estimated tax payable by the person for the year of assessment shall be the amount estimated by the Commissioner-General.

Division IV: Tax Payable on Assessment

Read on from s 93

Part II

Read on from Part II

Schedules