Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 8 of 1987) - Sect 8

Amendment of section 20 of the principal enactment

8. Section 20 of the principal enactment is hereby amended in paragraph (b) of subsection (1) of that section by the repeal of all the words from" reckoned from" to "payment in foreign exchange, " and the substitution there'" for of the following : "reckoned from the year of assessment in which the company first commenced to make profits in respect of its transactions in. that year,


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