Malaysia legislation
Section 30B
Section 30B
(1A)
For the purposes of this section, a chargeable person shall furnish to the Director General an amended return in the prescribed form on an electronic medium or by way of electronic transmission in accordance with section 82A.
(2)
An amended return under subsection (1) shall only be made after the due date for the furnishing of the return pursuant to subsection 30(1), but not later than six months from that date.
(3)
For the purposes of this section, the amended return shall—
(a)
specify the amount or additional amount of chargeable income and the amount of tax or additional tax payable on that chargeable income;
(b)
specify the increased sum ascertained in accordance with subsection (4); or
Petroleum (Income Tax)
(c)
contain such particulars as may be required by the Director
General.
(4)
Where an amended return is furnished by a chargeable person under subsection (1), any amount of tax or additional tax payable by that person under the amended return shall be increased by a sum equal to ten per cent of that amount and the increased sum shall constitute part of such tax or additional tax payable by that person.
(5)
The amendment under subsection (1) shall only be made once.
(6)
Where—
(a)
a return for a year of assessment has been furnished in accordance with subsection 30(1); and
(b)
the Director General has made an assessment for that year of assessment under section 39, no amendment shall be made under this section.
Amendment of return on expenditure during exploration period