Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAdditional assessments
| 94. Where it appears to an Assessor that for any year of assessment any person chargeable with income tax, wealth tax or gifts tax, has not been assessed or has been assessed at less than the proper amount, the Assessor may, within the year of assessment or within six years after the expiration thereof, assess such person at the amount or additional amount at which according to his judgment such person ought to have been assessed, and the provisions of this Act as to notice of assessment, appeal, and other proceedings shall apply to such assessment or additional assessment and to the tax charged thereunder: Provided that where the non-assessment or under-assessment of any person for any year of assessment is due to fraud or wilful evasion, such assessment or additional assessment may be made at any time after the expiration of that year of assessment. |