Company director gets RM2.4 million penalty for failing to file tax returns
THE Johor Baru magistrates’ court today imposed a RM2.4 million penalty, in addition to a fine of RM18,000, on a recycling company director over her failure to file tax returns for the assessment years of 2021 and 2022 involving a taxable income of more than RM3.3 million.
Wong was charged under section 77A of the Income Tax Act 1967, which requires her to furnish a tax return in the prescribed form C for years of assessment 2021 to 2022 to the Inland Revenue Board director-general. Under section 112 of the Income Tax Act 1967, the offence was punishable by a fine not exceeding RM20,000 or imprisonment up to six months or both, in addition to a special penalty of triple the tax payable. She said her children were still in school, and her elderly mother and mother-in-law depended on her, adding that she had also paid taxes of RM120,000 for both 2021 and 2022.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Company owner fined RM200,000 for false claims | The Malaysian InsightMohd Azmi Mat Sah pleads guilty to alternative charge of using forged documents to claim Penjana Kerjaya incentives.
Read more »
Didenda RM18,000, penalti lebih RM2.43 juta gagal kemuka borang cukaiDidenda RM18,000, penalti lebih RM2.43 juta gagal kemuka borang cukai BERITA Mahkamah NASIONAL
Read more »
Harga petrol, diesel kekalHarga RON97 kekal pada RM3.37, manakala RON95 dan diesel pula masing-masing RM2.05 serta RM2.15 seliter.
Read more »
Harga petrol, diesel kekal | The Malaysian InsightRON97 kekal pada RM3.37 seliter, manakala RON95 (RM2.05) dan diesel (RM2.15) sehingga 12 Julai, kata Kementerian Kewangan.
Read more »
Penjana Kerjaya: Company owner fined RM200k for using forged documentsCourt orders accused to serve 12 months jail if he fails to pay fine.
Read more »