Inland Revenue Amendment Bill taken to Court | Daily FT

Senior Chartered Accountant Nihal Hettiarachchi files petition in SC challenging constitutionality of new legislation By S.S. Selvanayagam A senior professional in auditing, taxation and financial consultancy challenges the constitutionality of the new Bill titled ‘Inland Revenue Amendment’ to amend the Inland Revenue Act. Petitioner Raja Nihal Hettiarachchi filed the petition in the Supreme Court seeking its Special Determination. The case is listed for hearing on Monday. Hettiarachchi claims the petition is filed in the interest of the protection of the rights of the taxpayer and of all citi…

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HEDGE accordingly