102. Every employer who makes any payment of remuneration to any specified employee shall -
| (a) keep a proper record of payment of such remuneration in such pay sheet and in such manner as may be specified by the Commissioner-General; |
|
| (b) take all reasonable precautions for the safe custody of all employees' declarations, pay sheets, receipts for payment of remuneration to employees and all other accounting records pertaining to the remuneration of the employees and to the income tax deducted and paid to the Commissioner-General, and shall retain all such records for a period of not less than five years after the end of the year of assessment to which such records relate ; and |
|
| (c) permit any officer authorized in writing by the Commissioner-General to inspect any record maintained by him and referred to in paragraphs (a) and (b). |
|
|
Sri Lanka Consolidated Acts