Malaysia legislation
Section 35
Section 35
Section 18 of the principal Act is amended—
(a)
in subsection (1)—
(i)
in the proviso to paragraph (n), by deleting the word “or”;
(ii)
by substituting for the full stop at the end of paragraph (o) a semicolon; and
(iii)
by inserting after paragraph (o) the following paragraphs:
“(p) any amount paid or to be paid in respect of goods and services as input tax by the chargeable person if he is liable to be registered under the Goods and
Services Tax Act 2014 and has failed to do so, or if he is entitled under that Act to credit that amount as input tax; or
(q)
any amount of output tax paid or to be paid under the Goods and Services
Tax Act 2014 which is borne by the chargeable person if he is registered or liable to be registered under that
Act.”; and
(b)
by inserting after subsection (1) the following subsection:
“(1a) Notwithstanding any other provisions of this
Act, where a person is required under section 34 to furnish to the Director General any information within the time specified in a notice or such other time as may be allowed by the Director General, and that information concerns wholly or in part a deduction claimed by that person in arriving at the adjusted income of that person from any source for the basis period for a year of assessment, no deduction from the gross income from that source for that period shall be allowed in respect of such claim if the person fails to provide such information within the time specified in that notice or such extended time as may be allowed by the Director General.”.
Act 773
Amendment of section 39