Malaysia Tax Agency Issues Guidance on Correction Procedures for Income Tax Returns

The Malaysian Inland Revenue Board April 22 issued updated guidance on procedures for taxpayers to amend income tax return. Topics covered include: 1) the deadline to submit an amended return within six months from the original due date; 2) procedures to amend undeclared income, expenses, or capital allowances; 3) eligibility criteria for amended return submission; and 4) the requirement to pay a tax liability when an amended return is submitted. [Malaysia, Inland Revenue Board, 04/22/19]

Reference:
View Guidnce No. 3/2019. View Index.