4. Section 15 of the principal enactment is hereby amended in subsection (1) thereof, by the substitution, for paragraph (b), of the following new paragraph: -
| " (b) in respect of any year of assessment commencing not later than April 1,1974, the amount of a loss incurred by him during that year of assessment, and in respect of the year of assessment commencing on April 1, 1975, the amount of a loss incurred by him during the period of nine months commencing on April 1, 1975, in any trade, business, profession or vocation, which, if it had been a profit, would have been assessable under this Act: |
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Sri Lanka Consolidated Acts