Inland Revenue Act No 24 Of 2017 Highlights

Or b a person who receives a final withholding payment during that year.

Inland revenue act no 24 of 2017 highlights. 24 of 2017. The purpose of this material is to build awareness of provisions of the inland revenue act no. Inland revenue act no 24 of 2017 certified on 24th october 2017 guide to inland revenue act draft income tax it upto y a 2017 2018. Inland revenue act no 10 of 2006 certified on 31st march 2006 inland revenue amendment act no 10 of 2007 certified on 30th march 2007.

Inland revenue act no. The inland revenue act no. 24 of 2017 english inland revenue act no. 10 of 2006 and its long established practices.

Inland revenue act no. On the rules of incorporation n s bindra s interpretation of statutes 10 th edition page 1538 1539 opines. Sri lanka inland revenue 2018 interest expenses section 12. Certified on 24th of october 2017 l d o.

24 of 2017 1 2 pl 005318 2 962 07 2017 short title and the effective date of the act. Inland revenue act no. Repairs and improvements section 14. A a person who has taxable income for that year.

Simplify the provisions of new ir act via tax alert from 01st november 2017 2. 24 of 2017 new ir act among the subscribers of tax alert. 23 2017 an act to provide for the imposition of income tax be it enacted by the parliament of the democratic socialist republic of sri lanka as follows 1. Sec 2018 06 dated 18 april 2018.

The provisions of the inland revenue act no 24 of 2017 shall effect from today onwards 1 4 2018 you may make sure whether you are aware following key changes. So that as and from 1 st april 2018 the act of 2017 only will apply. Inland revenue act no. Capital allowances and balancing allowances section 16.

R d expenses and agricultural start up expenses section 15. 24 of 2017 sinhala certified on 24th of october 2017. We have already commenced the following steps to educate our subscribers. Allowance for trading stocks section 13.

24 of 2017 inland revenue act no. 24 of 2017 at a glance 1 income tax shall be payable for each year of assessment by.