2. Every person who is chargeable with income tax for the year of assessment commencing on April 1, 1978, (in this Act referred to as the " relevant year ") shall, notwithstanding anything contained in any other written law or in any convention, grant or agreement, be liable to pay a surcharge equivalent to twenty per centum of the amount of the total income tax payable by him for the relevant year. For the purposes of this section " income tax " shall not include-
| (a) in the case of a resident company other than a people's company, the income tax payable by that company under paragraph (b) of subsection (1) of section 25 of the Inland Revenue Act; |
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| (b) in the case of a non-resident company, such part of the income tax payable by that company under section 26 of the Inland Revenue Act as is computed under that section at the rate of 33 1/3 per centum ; and |
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| (c) in the case of a people's company, the income tax payable by that company under paragraph (b) of subsection (1B) of section 25 of the Inland Revenue Act. |
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Sri Lanka Consolidated Acts