Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAmendment of section 24 of the principal enactment
| 14. Section 24 of the principal enactment is hereby amended in the proviso to that section by the substitution for the words "shall be liable to tax." , of the words - "shall be liable to tax : Provided further that where any amount of tax corresponding to a bad debt has been deducted by any person, the amount so deducted shall be an output tax for the corresponding period of the person in respect of whom the bad debt was incurred if he is a registered person. |