97.
| (1) Any income tax, wealth tax or gifts tax which any person is liable to pay under this Act for any year of assessment shall be paid by such person to the Commissioner-General in four instalments on or before the fifteenth day respectively of August, November and February in that year of assessment and the fifteenth day of May of the next succeeding year of assessment, notwithstanding that no assessment has been made on him by an Assessor. Each such instalment is hereinafter referred to as a " quarterly instalment". |
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| (2) The quarterly instalment of a tax payable by any person for any year of assessment shall be one-quarter of the tax payable by him for that year of assessment. |
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Sri Lanka Consolidated Acts