Malaysia legislation
Section 6
Section 6
Amendment of section 24
(a)
in paragraph (1)—
(i)
in paragraph (b), by inserting after the word
“rendered” the words “or to be rendered”; and
(ii)
in paragraph (c), by inserting after the word
“dealt” the words “or to be dealt”; and
(b)
by inserting after subsection (1) the following subsection:
“(1a) Except where subsection (1) applies, where in the relevant period, any sum is received by a relevant person in the course of carrying on a business in respect of any services to be rendered or the use or enjoyment of any property to be dealt with in the relevant period or in any following basis period, the sum shall be treated as the gross income of the relevant person from the business for the relevant period the sum is received notwithstanding that no debt is owing to the relevant person in respect of such services or such use or enjoyment.”.
Amendment of section 25