Sri Lanka Consolidated Acts

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Surcharge On Income Tax Act (No. 32 of 1992) - Sect 5

Amendment of section 4 of the principal enactment

5. Section 4 of the principal enactment is hereby amended as follows :
(1) in paragraph (b) of that section, by the substitution for the words from the remuneration of that employee for that year ; and ", of the words " from the remuneration of that employee for that year ;"
(2) in paragraph (c) of that section, by the substitution for the words " from the remuneration of that employee for that year,", of the words " from the remuneration of that employee for that year; and " ; and
(3) by the insertion immediately after paragraph (c) of that section, of the following paragraph:
" (d) for the relevant year commencing on April 1. 1992
(i) from the remuneration payable to such employee for the month of July. 1992,, 7 per centum; and
(ii) from the remuneration payable to such employee for the month of October. 1992, 7 1/2 per centum, of the total income tax deductible from the remuneration of that employee for that year,.


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