Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Inland Revenue Act (No. 10 of 2006) - Sect 46

Rate of income tax on profits from certain undertakings carried on by a company

46.
(1) Where the taxable income of any company for any year of assessment includes any profits and income within the meaning of paragraph (a) of section 3 from any -
(a) agricultural undertaking;
(b) undertaking for the promotion of tourism; or
(c) undertaking for construction work,
(2) For the purposes of subsection (1) ,the expressions "agricultural undertaking", "undertaking for the promotion of tourism", the "profits and income from any agricultural undertaking" and "undertaking for construction work", shall have the respective meanings assigned to them in section 45 of this Act.

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]