Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsGift tax to be recovered from the done in certain circumstances
| 157. Where the gifts tax charged under Chapter XI of the Inland Revenue Act No. 28 of 1979 cannot be recovered from the donor, it may be recovered from the done notwithstanding that no assessment has been made upon the done, and the provisions of this Act as to collection and recovery of tax shall apply accordingly: Provided that the amount which may be recovered from the donee shall not exceed that portion of such tax which appears to the Commissioner-General to be attributable to the value of the gift made to the donee by the donor as at the date of the gift. |