Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAmendment of section 123 of the principal enactment
| 40.Section 123 of the principal enactment as amended by Act, No. 19 of 2003, is hereby further amended by the addition immediately after the proviso to paragraph (b) Of that section, of following new proviso :" "Provided further, that where such deduction is in respect of any corporate debt security issued with a discount without any right to receive any interest or other benefit subsequent to the original issue, such person shall not be entitled to any refund under section 169 in respect of the amount of any such deduction which may not be set off due to the provisions of the first proviso to this paragraph.". |