12. Section 21 of the principal enactment is hereby amended as follows :-
| (1) by the repeal of subsection (1A) of that section and the substitution therefor of the following new subsection : - "
| | (1A) Where for any year of assessment commencing on or after April 1, 1969, but not after April 1, 1977, a family consists of a husband and wife and no child or dependent relative, an allowance of three thousand six hundred rupees in respect of such husband and wife shall be deducted from the assessable income of the head of such family for that year in arriving at his taxable income for that year. " ; | | |
|
|
| (2) by the insertion, immediately after subsection (1A) of that section , of the following new subsection:-
| | "(1B) where for any year of assessment commencing on or after April 1, 1978, a family consists of a husband and wife and no child or dependent relative, an allowance of five thousand rupees in respect of such husband and wife shall be deducted from the assessable income of the head of such family for that year in arriving at his taxable income for that year.". | | |
|
|
| (3) by the repeal of subsection (2A) of that section and the substitution therefor of the following new subsection :-
| | " (2A) Where for any year of assessment commencing on or after April 1, 1969, but not after April 1, 1977, a family consists of a husband and wife and one or more children or dependent relatives, or one or more children and dependent relatives, an allowance of three thousand six hundred rupees in respect of the husband and wife, and-
| | | (a) if there is one child or dependent relative, an allowance of six hundred rupees in respect of such child or dependent relative, |
| (b) if there are two children or two dependent relatives or one child and one dependent relative, an allowance of six hundred rupees in respect of such children or such dependent relatives or such child and such dependent relative, |
| (c) if there are three or more children, or three or more children and dependent relatives, or three or more dependent relatives, in respect of such children or such children and dependent relatives or such dependent relatives, as the case may be, an allowance of one thousand two hundred rupees, |
|
|
|
| (4) by the insertion, immediately after subsection (2A) of that section, of the following new subsection : -
| | " (2B) Where for any year of assessment commencing on or after April 1, 1978, a family consists of a husband and wife and one or more children, or dependent relatives or one or more children and dependent relatives, an allowance of five thousand rupees in respect of the husband and wife, and-
| | | (a) if there is one child or dependent relative, an allowance of one thousand rupees in respect of such child or dependent relative, |
| (b) if there are two children or two dependent relatives or one child and one dependent relative, an allowance of two thousand rupees in respect of such children or dependent relatives or such child and such dependent relative, |
| (c) if there are three or more children, or three or more children and dependent relatives or three or more dependent relatives, in respect of such children or such children and dependent relatives or such dependent relatives, as the case may be, an allowance of three thousand rupees, |
|
|
|
| (5) by the repeal of subsection (3A) of that section and the substitution therefor of the following-new subsection : -
| | " (3A) Where for any year of assessment commencing on or after April 1, 1969, but not after April 1, 1977, a family consists of an individual and one child or dependent relative or an individual and two children or dependent relatives or an individual and one child and one dependent relative, an allowance of three thousand rupees in respect of such individual and an allowance of six hundred rupees in respect of such child or dependent relative or such children or dependent relatives or such child and such dependent relative, as the case may be, shall be deducted from the assessable income of the head of such family for that year in arriving at his taxable income for that year."; | | |
|
|
| (6) by the repeal of subsection (4B) of that section and the substitution therefor of the following new subsection : -
| | " (4B) Where for any year of assessment commencing on or after April 1, 1969, but not after April 1, 1977, a family consists of an individual and three or more children or three or more dependent relatives or three or more children and dependent relatives, an allowance of three thousand rupees in respect of such individual and an allowance of one thousand two hundred rupees in respect of such children or dependent relatives or such children and dependent relatives shall be deducted from the assessable income of the head of such family for that year in arriving at his taxable income for that year. " ; | | |
|
|
| (7) by the insertion, immediately after subsection (4B) of that section, of the following new sub section : -
| | " (4c) Where for any year of assessment commencing on or after April 1, 1978, a family consists of an individual and one or more children or dependent relatives or one or more children and dependent relatives, an allowance of three thousand rupees in respect of such individual and-
| | | (a) if there is one child or dependent relative, an allowance of one thousand rupees in respect of such child or dependent relative, |
| (b) if there are two children or two dependent relatives or one child and one dependent relative, an allowance of two thousand rupees in respect of such children or such dependent relatives or such child and such dependent relative, |
| (c) if there are three or more children, or three or more children and dependent relatives, or three or more dependent relatives, in respect of such children or such children and dependent relatives or such dependent relatives, as the case may be, an allowance of three thousand rupees, |
|
|
|
| (8) in subsection (7) of that section, by the substitution, for the words and figures commencing from " subsection. (2) " up to " subsection (4B) ", of the words and figures " subsection (2) or subsection (2A) or subsection (2B) or subsection (3) or subsection (3A) or subsection (4) or subsection (4B) or subsection (4c) ". |
|
|
Sri Lanka Consolidated Acts