Sri Lanka Consolidated Acts

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Finance Act (No. 65 of 1961) - Sect 14

Amendment of section 23f of the Income Tax Ordinance

14. In respect of each year of assessment commencing on or after April 1, 1961, section 23f of the Income Tax Ordinance shall have effect as if, for the expression " one thousand rupees " occurring in each of the subsections (2) and (4) of that section, there were substituted the expression " five hundred rupees " and for the expression " two thousand rupees " occurring in subsection (4) of that section, there were substituted the expression " three thousand rupees ".


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