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Sri Lanka Provides Income Tax Return Extension for 2020/2021

|Approved Changes|Sri Lanka
Sri Lanka

Sri Lanka Inland Revenue has issued a notice to taxpayers that the deadline for submitting the income tax return for 2020/2021 has been extended from 30 November to 31 December 2021.

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Furnishing Returns of Income for the Year of Assessment 2020/2021

According to the provisions of the Inland Revenue Act, No. 24 of 2017 (IRA), every person who is liable for Income Tax shall file a Return of Income not later than eight months after the end of each Year of Assessment. Therefore, last date…

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