Inland Revenue (Amendment) Act 2003 · As enacted
54. Amendment of section 144 of the principal enactment
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
Section 144 of the principal enactment is hereby amended as follows :—
in the proviso to paragraph (b) of section (3) of that section—
by the substitution in sub-paragraph (ii) of that proviso for the words “quarterly instalment of tax became due.”, of the words “quarterly instalment of tax became due;”;
by the additon at the end of subparagraph (ii)
thereof of the following—
“(iii)
where any penalty is payable as at
November 6, 2002—
(A)
such penalty shall be waived where the tax in default in respect of which the penalty is payable, has been paid, on or before November 6, 2002 ;
(B)
where only a portion of such tax in default has been paid on or before
November 6, 2002 the proportionate amount of such penalty attributable to the amount of such tax paid shall be waived.”; and
by the addition immediately after subsection (12)
of that section of the following subsection :—
“(12A)
Where any tax held over by the
Commissioner-General becomes payable, either wholly or partly on settlement of the appeal, then any amount payable shall be recovered within one year from the date of settlement of the appeal unless a case has been stated in relation to such appeal to the Court of Appeal under section 141.”;