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srilawsby aturio
As enacted
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8. Certain provisions of the Inland Revenue Act to apply

Official English translation. The Sinhala text prevails.

The provisions in sections 106, 107, 108 and 112 of

Chapter XII relating to Returns etc, Chapter XXII relating to

Assessments, Chapter XXIII relating to Appeals, Chapter

XXIV relating to Finality of Assessments and Penalty for

Incorrect Returns, Chapter XXV relating to Tax in Default and Sums Added Thereto, Chapter XXVI relating to

Recovery of Tax, Chapter XXVII relating to Miscellaneous,

Chapter XXIX relating to Penalties and Offences, Section 209 of Chapter XXX relating to Administration and Chapter

XXXI on General matters, of the Inland Revenue Act, shall mutatis mutandis apply to the furnishing of returns, assessments, appeal against assessments, finality of assessments and penalty for incorrect returns, tax in default and sums added thereto, recovery of tax, miscellaneous, penalties and offences, administration and general matters under this Act subject to the following modifications:—

(a)

every reference to the year of assessment in any such provision of the Inland Revenue Act, shall be deemed to be a reference to the “relevant quarter”

in this Act;

(b)

every reference to assessable income or taxable income in any such provision of the Inland Revenue

Act, shall be deemed to be a reference to the “liable turnover” in this Act; and

(c)

every reference to income tax in any such provision of the Inland Revenue Act, shall be deemed to be a reference to the tax charged and levied in terms of the provisions of this Act.

Read on from s 9

Schedules