Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 21 of 1994) - Sect 8

Amendment of section 17F of the principal enactment

8. Section 17F of the principal enactment is hereby amended in paragraph (a) of subsection (3) of that section as follows : "
(1) in sub-paragraph (i) of that paragraph by the substitution for the words and figure "section 3 (other than any profits and income from the sale of any capital asset) of that undertaking, ", of the words and figure "section 3 (other than any profits and income from that sale of any capital asset of from the purchase and resale of any of her good or commodities of that undertaking" and
(2) in sub-paragraph (i) of that paragraph by the substitution for the words," the annual average of such profits and income of that undertaking " ,of the words "the annual average of such profits and income as are referred to in sub-paragraph (1) of that undertaking".


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