14. Section 46 of the principal enactment is hereby repealed and the following new section substituted -
| 46. Where a child whose assessable of income exceeds five kindred rupees for any year of assessment either reaches the age of twenty-five or marries or leaves the parental home during the year preceding that year of assessment, the income (other than income from employment) of that child for the period commencing on the date on which he attains such age or marries or leaves his parental home and ending on the last day of the year preceding that year of assessment and the income from employment of that child for the period commencing on the date on which he attains such age or marries or leaves his parental home and ending on the last day of that year of assessment shall not be aggregated with the income of his parent.". |
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Sri Lanka Consolidated Acts