22. Section 84A of the principal enactment is hereby amended as follows:"
| (1) by the substitution for subsection (1) of that section of the following subsection : "
| | " (1) Where any person or any partnership, referred to in subsection (2), proves to the satisfaction of the Commissioner-General that in respect of his or its income referred to in subsection (2), he or it has paid or is liable to pay for any year of assessment, income tax in Sri Lanka and income tax for the corresponding period in any other country, then, such person shall be entitled to relief from income tax payable by him or it in Sri Lanka of an amount equal to the excess, if any, of the income tax in respect of such income, payable by him or it in Sri Lanka (before granting any relief under this section) , over the income tax, in respect of such income, payable by him or it in such other country." ; | | |
|
|
| (2) by the substitution, for subsection (2) of that section, of the following subsection : "
| | " (2) The provisions of subsection (1) shall apply"
| | | (b) in respect of the profits and income arising in or derived from Sri Lanka"
|
|
|
|
|
Sri Lanka Consolidated Acts