Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAssessments or amended assessments to be final. [ 38 (1), 18 of 1965.]
| 103*. Where no valid appeal has been lodged within the time specified in this Act against an assessment as regards the amount of the assessable income, or in respect of the taxable wealth or taxable gifts, assessed thereby, or where agreement is reached under section 97 (6) as to the amount of such assessable income, or taxable wealth, or taxable gifts, or where the amount of such assessable income, or taxable wealth, or taxable gifts has been determined on appeal, the assessment as made or agreed to or determined on appeal, as the case may be, shall be final and conclusive for all purposes of this Act as regards the amount of such assessable income or taxable wealth or taxable gifts: Provided that nothing in this Act shall prevent an Assessor from making an assessment or additional assessment for any year of assessment which does not involve re-opening any matter which has been determined on appeal for the year. |