Income Tax Act (Cap. 123), article 38

38. Except in respect of a year of assessment for which an election under article 35 applies, it shall be presumed, so far as the tax liability of the recipient is concerned, that a deduction a nd payment which ought to have been m ade pursuant to the provision s of article 33 have been made. Where presumption applies, no need to declare. Added by: XVII. 1994.16. Amended by: II. 2002.50; V . 2012.21; XII. 2014.23.