9.
| (1) The following heading is hereby inserted immediately after section 69A of the principal Act:- |
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| (2) The following section is hereby inserted in the principal Act immediately after the heading inserted therein by sub-section (1) of this section, and shall have effect as section 69B of that Act:-
| | 69B. Where the profits and income of an individual for the year of assessment commencing on April 1, 1971, include profits from employment, such individual, or if such individual is a member of a family, the head of such family, shall be entitled to a deduction from the income tax payable by him or by the head of the family of which he is a member, as the case may be, for that year of assessment, of a sum equal to income tax at the effective rate on such part of the profits from employment as bears to the total profits from employment the same proportion as the number of days during which such individual carried on or exercised an employment during the period from April 1, 1971, to September 30, 1971, bears to the total number of days during which he carried on or exercised an employment in that year of assessment: | | |
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Sri Lanka Consolidated Acts