Malaysia legislation
Section 4
Section 4
The Income Tax Act 1967, which is referred to as the “principal
Act” in this Chapter, is amended in section 21a, by inserting after subsection (3) the following subsection:
“(3a) Where a company, limited liability partnership, trust body or co-operative society has made up the accounts of its operations for a period of twelve months ending on a day in a basis year and has failed to make up its accounts ending on the corresponding day in the following basis year (“hereinafter referred to as “the new accounts”), the company, limited liability partnership, trust body or co-operative society shall notify the
(a)
in the case where the new accounts are made up ending before the corresponding day, thirty days before the end of the new accounts; or
(b)
in the case where the new accounts are made up ending after the corresponding day, thirty days before the corresponding day.”.
Finance (No. 2)
7
Amendment of section 44