COURTS (MALAYSIA) SDN BHD (DAHULUNYA DIKENALI SEBAGAI COURTS MAMMOTH SDN BHD) v Ketua Pengarah Hasil Dalam Negeri

wa-14-9-01-2024 High Court (Mahkamah Tinggi) 16 March 2026 • WA-14-9-01/2024 • 11 min read

2 cases cited (0 SG, 2 foreign)

Catchwords

Appeal against decision of Special Commissioners for Income Tax-treatment of interest income under section 4-Appellant offers credit scheme for goods purchased-under the cheme, customers allowed to pay by instalments, service charge akin to interest imposed-section 25(4) of Income Tax Act read with section 4B-only interest falling within ambit of section 25(4) allowed to be treated as business income under section 4-construction of section 25(4)-whether two conditions of 1st limb of satisfied-ejusdem generis application-whether credit scheme of same genus as debenture and mortgage-whether Scheme forms part of stock in trade of the Appellant-whether it is so interconnected and an integral part of the Appellants products.

Judges (1)

Alice Loke Yee Ching Delivered

Counsel (7)

Lembaga Hasil Dalam Negeri Firm Rosli Dahlan Saravana Partnership Firm Ariffudin bin Shahrulzaini Counsel Respondent Darshini Sharma Counsel Appellant Ridzuan bin Othman Counsel Respondent S. Saravana Kumar Counsel Appellant Tan Jass Key Counsel Appellant

Parties (2)

COURTS Sdn Bhd Appellant Ketua Pengarah Hasil Dalam Negeri Respondent

Statutes Cited

Income Tax Act 1967 (Cap 53)

Cases Cited (2)

MY (2)

[2005] 2 MLJ 1 [2020] 4 MLJ 662

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-14-9-01-2024)