3. Person making a declaration not liable to income tax or surcharge on income tax
ප්රතිචාර සහ සහායනිල ඉංග්රීසි පරිවර්තනය. එය සිංහල හෝ දෙමළ පාඨයට වඩා වෙනස් නම් බලපවත්වන පාඨය කුමක්දැයි පනතේම සඳහන් වේ.
Where any person makes a declaration in terms of the provisions of section 2 and tenders proof in respect of such investment, purchase or construction, to the satisfaction of the Commissioner-General —
Commissioner—General
“Commissioner—General” shall have the same meaning as in the Inland Revenue Act…
where the investment is in agriculture, industry,. or utility services or in any security issued under the
Registered Stocks and Securities Ordinance (Chapter 420), such person shall not be liable to the payment of any additional income tax or surcharge on income tax in respect of any such year of assessment ;
where the monies representing such undeclared profits and income have been utilized for the purchase of any movable or immovable property or in the construction of buildings for industrial, commercial, agricultural or residential purposes, such person shall not be liable to the payment of any additional income tax or surcharge on income tax in respect of any such year of assessment.
undeclared profits and income
“undeclared profits and income” means any profits and income chargeable with income tax under the law for the time being applicable to the imposition of income tax in respect of which a person has not furnished a return of income oF which has not been declared in a return furnished by such person.