Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAmendment of section 115 of the principal enactment
| 29. Section 115 of the principal enactment Is hereby amended in subsection (5) of that section by the substitute , for the proviso to that subsection, of the following: -" Provided, that nothing In this subsection shall apply to, the assessment, of Income tax payable by any person in respect of any year of assessment, consequent to the receipt by such person, of any arrears relating to the profits from, employment of that person for that year of assessment: Provided further that where the non-assessment or under-assessment is due to fraud or wilful evasion, an assessment or a additional assessment may be made on such person at. any time: after the end of that year of assess ment.". |