Inland Revenue (Amendment) Act 2008 · පනවන ලද පරිදි
47. Insertion of a new Chapter XXA in the principal enactment
නිල ඉංග්රීසි පරිවර්තනය. සිංහල පාඨය බලපවත්වයි. නිල Sinhala පාඨය විවෘත කරන්න, documents.gov.lk හි නිල PDF
නිල පරිවර්තනයවෙනස් නොකළ පාඨය, Department of Government Printing වෙතින්
The following new Chapter is hereby inserted immediately after Chapter XX of the principal enactment and shall have effect as Chapter XXA of that enactment:—
“CHAPTER XXA
DEDUCTION OF INCOME TAX FROM THE SALE PRICE OF ANY GEM
SOLD AT ANY AUCTION CONDUCTED BY THE NATIONAL GEM AND
JEWELLERY AUTHORITY.
161A. (1) The National Gem and Jewellery
Authority established by the National Gem and
Jewellery Authority Act, No. 50 of 1993, shall deduct from the sale price of any gem sold at any auction conducted by it, income tax of an amount equal to 2.5 per centum of the sale price of such gem from the sum payable to the seller of such gem and at the time such sum is paid to the seller.
The provisions of Chapter XVI relating to the deduction of income tax from interest paid by banks and financial institutions, duties of banks and financial institutions, default in the deduction of income tax, issue of assessments on banks and financial institutions, appeals and penalty for default, shall, mutatis mutandis apply to and in relation to the deduction of income tax from the sale price of
National
Gem and
Jewellery
Authority to deduct income tax from the sale price of any gem sold at any auction.
Act, No. 9 of 2008
any gem, duties of the National Gem and
Jewellery Authority making such sale, default in the deduction of income tax, issue of assessments on the National Gem and Jewellery
Authority, appeals and penalty for default under this Chapter, as if there were substituted in
Chapter XVI for the words “banks and financial institutions”, of the words “National Gem and
Jewellery Authority”, and for the word
“interest”, of the words “sale price of any gem sold”, wherever they appear in that Chapter.”.