Company director gets RM2.4 million penalty for failing to file tax returns | The Malaysian Insight

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.

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