24. Where an individual is chargeable with tax for any year of assessment as a resident in Ceylon for a part only of the year preceding that year of assessment,-
| (a) he shall be entitled for that year of assessment to the same proportion only of the allowances under section 21 as the number of days during which he is resident bears to the number of days in such preceding year, |
|
| (b) the provisions of Part I of the Second Schedule to this Act read with subsection (2) and subsection (3) of section 23, shall, in their application to that individual in respect of the year of assessment ending on March 31, 1964, have effect as if each of the sums mentioned in that Part of that Schedule were reduced in the proportion which the number of days during which he is resident bears to the number of days in such preceding year, |
|
| (c) the provisions of Part II of the Second Schedule to this Act shall, in their application to that individual for any year of assessment commencing on or after April 1, 1964, have effect as if each of the sums mentioned in that Part of that Schedule, or the aggregate of the sums computed in the manner mentioned in subsection (2) of section 23A, as the case may be, were reduced in the proportion which the number of days during which he is resident bears to the number of days in such preceding year, and |
|
| (d) the provisions of Part III of the Second Schedule to this Act shall, in their application to that individual for any year of assessment commencing on or after April 1, 1965, have effect as if each of the sums mentioned in that Part of that Schedule, or the aggregate of the sums computed in the manner mentioned in sub-section (3) of section 23a, as the case may be, were reduced in the proportion which the number of days during which he is resident bears to the number of days in such preceding year. |
|
|
Sri Lanka Consolidated Acts