67.*
| (1) In this section, " approved donation" means a donation not less in amount than one thousand rupees-
| | (a) made in money or otherwise to the Government of Ceylon, or | | |
| | (b) made in money to any such public charitable trust or institution as is declared by the Minister by notice published in the Gazette to be an approved charity for the purposes of this section. | | |
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| (1A) Where the entirety of the assessable income of a wife or child for any year of assessment is aggregated with the assessable income of the head of the family of which such wife or child is a member, any approved donation made by such wife or child shall be deemed to be an approved donation made by the head of the family. |
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| (2) Where an approved donation has been made by any person, then-
| | (i) the actual amount of the donation; or | | |
| | (ii) an amount representing one-tenth of the assessable income of that person for the year of assessment in which the donation is made, or if that person is a company an amount representing one-twentieth of the assessable income of that company; or | | |
| | (iii) fifty thousand rupees, | | |
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| (3) Where any person has, or is deemed to have, made an approved donation, such person shall be entitled on account thereof to such relief from the income tax as will secure that the tax payable by that person is reduced to the amount which would have been payable as tax if the permitted allowance in relation to that donation had been deducted from the statutory income of that person: |
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| (4) Where a person has, or is deemed to have, made in any year of assessment two or more donations, whether to the same approved charity or to different such charities, or to the Government of Ceylon, or to one or more approved charities and to the Government of Ceylon, the aggregate amount of the donations, if such amount is not less than one thousand rupees, shall be treated as one approved donation for the purposes of this section. |
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* The amendments made in section 67 by subsection (1) of section 28 of Act No. 18 of 1965 shall be deemed to have come into force on March 30, 1963-See Section 28 (2) of Act No. 18 of 1965. |
Sri Lanka Consolidated Acts