Petition seeking ruling against Inland Revenue Amendment Bill submitted

COLOMBO (News 1st) - A petition has been filed at the Supreme Court on Friday (28) seeking a ruling that the Inland Revenue Amendment Bill is in violation of the Constitution of Sri Lanka.

The petition has been filed by Chartered Accountant Prasad Dassanayake.

Dassanayake has pointed out in the petition that some of the clauses contained in the draft will damage the business sector, especially the import and export sector, and by imposing a heavy tax burden, the relevant sector may collapse entirely.

The petitioner further requests that its articles be passed by a two-thirds majority vote in Parliament or via a referendum.

Earlier, three parties filed petitions at the Supreme Court against the Inland Revenue Amendment Bill submitted by the government to Parliament on 21st October.