Surcharge on Income Tax Act 1981

This Act may be cited as the Surcharge on Income Tax

Act, No. 31 of 1981.

Every person who is chargeable with income tax for the year of assessment commencing on April 1, 1980, (in this

Act referred to as the “relevant year”) shall, notwithstand-ing anything contained in any other written law or in any convention, grant or agreement, be liable to pay a surcharge equivalent to ten per centum of the amount of the total income tax payable by him for the relevant year.

For the purposes of this section “income tax” shall not include—

in the case of a resident company, the income tax payable by that company under paragraph (b) (ii)

in the case of a non-resident company, such part of the income tax payable by that company under section 34 of the Inland Revenue Act as is computed under that section at the rate of thirty three and one-third per centum or eleven and one-ninth per centum,

Every person liable to pay a surcharge under section 2

shall pay to the Commissioner-General on or before the fifteenth day of May 1981, a sum equivalent to fifty per centum or more of the amount of such surcharge, and on or before the thirtieth day of November 1981, the balance, if any, of such surcharge.

Every employer who has in his employ any person from whose remumeration income tax was deductible under the provisions of Chapter XV of the Inland Revenue Act for the vear of assessment commencing on April 1, 1980, shall 2—A 55¢54—12,950 (81/03)

deduct a sum equivalent to ten per centum ol the total income tax deductible from such employee for that year of assessment in eight equal monthly instalments eommenc-ing from the month of April, 1981.

Certain provisions of the Inland Revenue ly ct to a to the PP deduction, assessment, recovery and payment of the surcharge,

The provisions of Chapters XV, XVII, XVIII, XIX,

XX and XXI of the Inland Revenue Act relating to the deduction from employees, assessment, appeals against the assessment, payment and recovery of income tax shall, mutatis mutandis,. apply. to the deduction from employees, assessment, appeals against the assessment, pay-ment and recovery of the surcharge payable under section 2,

Where any person is entitled under the provisions of

Chapter XXIII of the Inland Revenue Act, to a refund of any amount paid by him as income tax in excess of the amount with which he was properly chargeable for the relevant year such person shall, if he has paid the surcharge payable under section 2, be entitled to a refund of an additional amount equal to ten per centum of the amount of the refund io which he is entitled under the provisions of

‘Chaper XXIII

In this Act unless ths context otherwise requires—

“Inland Revenue Act” means the Inland Revenue Act,

No. 28 of 1979;

“income tax” means the income tax charged and levied under the Inland Revenue Act; and

“ Commissioner-General”,

“company”,

“employer”,

“employee”, “person”, and “year of assess-ment” have the same meanings respectively, as in the Inland Revenue Act.

Annual subscription of Rs. 40 (Foreign), paya'

Burgav, P. O. Box 500,

Bills and Laws of the Parliament Rs. 30 (Local), ble to the SU¥ERINTENDENT, GOVERNMENT PUBLICATIONS

Cotomso 1, before 15th December each year ‘n respeet of the year following.