From February to March 2025, thirteen local companies were ordered to pay fines at the Magistrate's Court for failing to submit Income Tax Statements.

COMPANY; FINE

Mecatronic Technology Sdn Bhd; $6,000.00

Wehaya Engineering Sdn Bhd; $6,000.00  

Razuna Sdn Bhd; $5,000.00  

Sumon Sdn Bhd; $5,000.00

Cahaya Bina Insan Sdn Bhd; $4,000.00

Zhongjing Engineering Sdn Bhd; $3,000.00

Fair Price Jaya Sdn Bhd; $3,000.00

Bright Ventures Global (B) Sdn Bhd; $2,000.00

The Revenue Division, Ministry of Finance and Economy reminds companies registered under the Companies Act, Chapter 39 are required to submit their respective Income Tax Statements by 30th of June for the relevant assessment year as required under Section 52(1) of the Income Tax Act, Chapter 35.

COMPANY

Affection Sdn Bhd

Kim Liang Construction Sdn Bhd

Syarikat Pengiran Haji Yusoff Bin Pengiran Haji Ahmad Sdn Bhd

Md Zafor Sdn Bhd

Moon Min Sdn Bhd

FINE: $1,000.00

If found guilty, the company is also required to submit Income Tax Statements and pay the outstanding Income Tax and penalty imposed which is a maximum of 17 per cent of the total tax in arrears, if any.

Source:
RTB NEWS

by RTB NEWS

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