NISHIMATSU CONSTRUCTION CO., LTD v KETUA PENGARAH LEMBAGA HASIL DALAM NEGERI

wa-14-25-10-2022 High Court (Mahkamah Tinggi) 1 September 2024 • WA-14-25-10/2022

Catchwords

REVENUE LAW: Income tax – Company’s income from own business operation and from a joint venture partnership – Basis period for year of assessment different – Basis period for own operations shall constitute basis period for JV partnership – Whether there exist lacuna between sections 77A and 55 – Whether there was understatement of income – Whether penalties validly imposed – sections 5, 20, 21A(1), 21A(6), 55(3), 55(4), 77A, 77B, 86(1) of the Income Tax Act 1967

Judges (1)

Amarjeet Singh a/l Serjit Singh Delivered

Parties (2)

KETUA PENGARAH LEMBAGA HASIL DALAM NEGERI Respondent NISHIMATSU CONSTRUCTION CO., LTD Appellant

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-14-25-10-2022)