As enacted

Contents

29. Amendment of the Third Schedule to the principal enactment

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

The Third Schedule to the principal enactment, as last amended by Act, No. 22 of 2011, is hereby further amended as follows:—

(1)

by the substitution for item 1 of that Schedule, of the following item:—

“1. Hindu undivided families -

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

(2)

by the substitution for item 3 of that Schedule, of the following item:—

“3. Executor (other than trustees under last wills) and receivers (other than liquidators) -

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

(3)

by the substitution for item 4 of that Schedule, of the following item:—

“4. Trustees (including trustees under last wills) –

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

(4)

by the substitution for item 5 of that Schedule, of the following item:—

30 per centum 24 per centum ”;

30 per centum 24 per centum”;

24 per centum”;

30 per centum

“5. Partnerships –

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

(5)

by the substitution for item 6 of that Schedule, of the following item:—

“6. Partnerships (on any assessment made) –

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

(6)

by the substitution in paragraph (b) of item 8 of that Schedule, for the words and figures

“commencing prior to April 1, 2011”, of the words and figures “commencing on or after April 1, 2011”;

(7)

by the substitution for item 11 of that Schedule, of the following item:—

“11. Governments (other than the Government of Sri

Lanka and the Government of the United Kingdom)-

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

30 per centum 28 per centum”;

30 per centum 24 per centum”;

30 per centum 24 per centum ”;

(8)

by the substitution for item 12 of that Schedule, of the following item:—

“12. Business Undertakings vested in the Government under the Business Undertakings (Acquisition) Act, No. 35

of 1971-

(i)

on the taxable income –

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

(ii)

on the balance of the profits after deduction therefrom of the tax payable under paragraph (i)”;

(9)

by the substitution for item 15 of that Schedule, of the following item:—

“15. Persons (other than those referred to above and in the First or Second Schedule)-

(a)

for any year of assessment commencing prior to

April 1, 2011;

(b)

for any year of assessment commencing on or after April 1, 2011;

Read on from s 30