The Colombo District Court today (24) sentenced a company director to six years’ imprisonment with light labor for evading taxes totaling Rs. 6,743,716.71. The individual, identified as D. Gunawardena, a general partner of AM Holdings Private Limited, was ordered to pay the tax amount to the government in 24 equal installments.
The case was brought by the Commissioner of Inland Revenue under the Nation Building Tax Act No. 9 of 2009, in conjunction with Section 179(1) of the Inland Revenue Act No. 10 of 2006. The charges related to unpaid taxes for the years 2012, 2013, and 2014.
After reviewing the case, the District Judge ruled that Gunawardena could avoid serving the six-year sentence if he paid the outstanding tax in monthly installments of Rs. 268,488.19 over a two-year period. Failure to comply would result in a six-month prison term with light labor.
Attorney-at-Law Dinesh Perera represented the Commissioner of Inland Revenue, while Attorney-at-Law Dhanasena appeared on behalf of the respondent.
