118.
| (1) Every person who-
| | (a) fails to comply with the requirements of a notice given to him under any of the following sections or subsections: - | | |
| | (aa) fails to comply with the provisions of an order given to him by the Commissioner under paragraph (b) of subsection (1) of section 92; or | | |
| | (b) fails to attend in answer to a notice issued under sections 82 (3) and (4), 97 (11) or 101 (6) or having attended fails without sufficient cause to answer any questions lawfully put to him; or | | |
| | (c) fails to comply with the requirements of sections 27 (4), 81 (1), 88(1), 107 (6) or 109 (2), | | |
|
|
| (2) Every person who without reasonable excuse-
| | (a) makes an incorrect return by omitting or understating any income, wealth or gift, of which he is required by this Act to make a return, either on his own behalf or on behalf of another person or a partnership; or | | |
| | (b) makes an incorrect statement in connection with a claim for a deduction or allowance under Chapter IV or Chapter V; or | | |
| | (c) gives any incorrect information in relation to any matter or thing affecting his own liability to tax or the liability of any other person or of a partnership, | | |
|
|
| (3) No person shall be liable to any penalty under this section unless the complaint concerning such offence was made in the year of assessment in respect of or during which the offence was committed or within five years after the expiration thereof. |
|
| (4) The Commissioner may compound any offence under this section and may before judgment stay or compound any proceedings thereunder. |
|
|
Sri Lanka Consolidated Acts