104.
| (1) Where an employer fails to deduct the amount of income tax required to be deducted under the provisions of this Chapter, or part thereof, from the remuneration paid to any employee, such employer shall on becoming cognizant of such failure, furnish to the Commissioner-General a declaration in the form specified under section 103(a), and remit such amount of income tax as was not deducted to the Commissioner-General together with such amounts as may be due under section 110. |
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| (2) Where during any year of assessment an employer has remitted to the Commissioner-General in respect of any pay period any sum in excess of the amount deducted, the employer may deduct such excess payment from the remittance in respect of any subsequent pay period in that year of assesment, and notify the Commissioner-General accordingly. |
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Sri Lanka Consolidated Acts