50. Amendment of section 134 of the principal enactment

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

Section 134 of the principal enactment as amended by Act No. 37 of 2003, is hereby further amended as follows :—

(1)

in subsection (1) of that section, by the substitution for the words and figures “required under subsection (1) of section 105.”, of the words and figures—

“required under subsection (1) of section 105:

Provided further that any assessment in relation to the tax payable by a company under paragraph (bb) of subsection (1) of section 53 or paragraph (c) of subsection (1) of section 57, shall be made after the expiry of thirty days from the due date for payment of such tax.”; and

(2)

in subsection (6) of that section, by the substitution for the words “assessment so annulled.”, of the words—

“assessment so annulled :

Inland Revenue (Amendment)

Provided that such further assessment shall be limited to only one assessment in place of the assessment so annulled, and no further assessment or additional assessments shall be made.”.

Read on from s 51