12. The following section is hereby inserted immediately after section 321) of the principal enactment and shall " have effect as section 32E of that enactment: "
| 32E. There shall be deducted from the in- come tax payable for any year of assessment- commencing on or after April 1, 1990,' by any individual, not being an. individual to whom the provisions of subsection (7) of section 67 apply, whose assessable income for that year of assessment includes profits from any employment (other than such part of such profits as consists of any sum referred to in section 32 (2)), an amount equal to nine hundred rupees or the amount of income tax which, is attributable to such profits from employment whichever is less. |
|
|
Sri Lanka Consolidated Acts