Section 30
of Petroleum (Income Tax) Act 1967
Section 30
Every chargeable person shall, with respect to the basis period for each year of assessment, furnish to the Director General a return in the prescribed form, within seven months from the date following the end of the basis period for that year of assessment.
(1A)
For the purposes of this section, a chargeable person shall furnish to the Director General a return in the prescribed form on an electronic medium or by way of electronic transmission in accordance with section 82A.
Petroleum (Income Tax)
(2)
For the purposes of this section, a return for a year of assessment shall—
(a)
specify the chargeable income and the amount of tax payable (if any) on that chargeable income for that year; and
(b)
contain such particulars as may be required by the Director
General.
(3)
The return furnished by the chargeable person under this section shall be based on accounts audited by a professional accountant, together with a report made by that accountant which shall contain, in so far as they are relevant, the matters set out in subsections 174(1)
and (2) of the *Companies Act 1965 [Act 125].