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WebJan 31, 2024 · Sri Lanka - Time Bars. The legal position in Sri Lanka is concerned notwithstanding the fact that the Executive or a member of the cabinet of ministers or the … WebG. Statutory time bar. Generally five years The general time bar under the Act and RPGTA is five years after the end of the relevant year of assessment. The fact that queries have been raised or a tax audit has been conducted does not extend that five year period. Illustration 6 ABC Sdn Bhd (ABC) closes its accounts annually to 31 December. phillip island district cricket club
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