Sri Lanka Consolidated Acts

Personal Tax Act (No. 14 of 1959)

TABLE OF PROVISIONS

           Long Title

   1.	   Short title. and date of operation  
   2.	   Persons to whom this Act shall not apply  
   3.	   Charge of the Personal Tax,  
   4.	   Contribution in respect of taxable wealth to the Personal Tax,  
   5.	   Wealth to include certain property,  
   6.	   Certain property to be excluded from wealth  
   7.	   Taxable wealth of the head of a family  
   8.	   Taxable wealth of a person who is not Included In a family. [ 21, 10 of 1962,3  
   8A.	   Taxable wealth of a person in the capacity of a trustee of a trust or a corporation or 'unincorporate body of persons who or which is a charitable institution within the meaning of the Income Tax. Ordinance. [ 21, 10 of 1962.1]  
   9.	   Value of property which constitutes wealth  
   10.	   Contribution in respect of taxable expenditure to the Personal Tax  
   11.	   Amounts deemed to be included in expenditure  
   12.	   Amounts deemed not to be included in expenditure  
   13.	   Assessable expenditure  
   14.	   Non recurrent expenditure may be spread over five years of assessment  
   15.	   Deductions to be made from assessable expenditure in arriving at taxable expenditure  
   16.	   Taxable expenditure of the head of a family  
   17.	   Taxable expenditure of an individual who is not included in a family  
   18.	   Units and fractions of units  
   19.	   Contribution in respect of taxable gifts to the Personal Tax  
   20.	   Gifts to include certain transfers  
   21.	   Exemption in respect of certain gifts  
   22.	   Taxable gifts of a person, and computation of amount of contribution in respect of taxable gifts to the Personal Tax  
   23.	   Determination of value of gifts  
   24.	   Returns and information to be furnished. Cap. 242  
   25.	   Information to be furnished by officials  
   26.	   Who may act for incapacitated or non-resident person,  
   27.	   Precedent partner to act on behalf of a partnership. Cap. 242  
   28.	   Principal officer to act on behalf of a company or body of persons  
   29.	   Signature and service of notice  
   30.	   Penalty for incorrect return  
   31.	   Provisions in regard to assessments  
   32.	   Variation of the amount of the Personal Tax in consequence of the amendment of the law or of the rates of the contributions to such tax  
   33.	   Assessments or amended assessments to be final  
   34.	   Taxable wealth and assessable expenditure of married woman  
   35.	   Separate assessment of husband and wife  
   36.	   Personal Tax in respect of deceased person payable by executor  
   37.	   Joint executors  
   38.	   Liability in case of dissolved body of persons  
   39.	   Appeals to the Commissioner. Cap. 242  
   40.	   Constitution of the Board of Review. Cap. 242  
   41.	   Right of appeal to the Board of Review  
   42.	   Commissioner may refer appeals to the Board of Review  
   43.	   Hearing and disposal of appeals to the Board of Review  
   44.	   Appeals on a question of law to the Supreme Court  
   45.	   Provisions regarding the payment of the Personal Tax. Cap. 242  
   46.	   Personal Tax to include fines, &c  
   47.	   Personal Tax to be a first charge,  
   48.	   Recovery of Personal Tax by seizure and sale  
   49.	   Proceedings for recovery of Personal Tax before a Magistrate  
   50.	   Recovery of Personal Tax out of debts, &c. Cap. 242  
   51.	   Recovery of Personal Tax from persons leaving Ceylon  
   52.	   Use of more than one means of recovery  
   53.	   Personal Tax paid in excess to be refunded  
   54.	   Offences of failure to make returns, making incorrect returns, &c  
   55.	   Offence of breach of secrecy, &c  
   56.	   Offences of fraud, &c  
   57.	   Personal Tax to be payable notwithstanding any proceedings or penalties, &c  
   58.	   Prosecutions to be with the sanction of the Commissioner  
   59.	   Officers  
   60.	   Assistant Commissioner of Inland Revenue may exercise powers of Assessor  
   61.	   Official secrecy  
   62.	   Certain transactions and dispositions to be disregarded  
   63.	   Indemnification of representative. Cap. 242  
   64.	   Power to search buildings or places  
   65.	   Power to make rules  
   66.	   Amendment of the Schedules to this Act  
   67.	   Interpretation