Seksyen 21
Seksyen baharu 77b
Akta ibu dipinda dengan memasukkan selepas seksyen 77a seksyen yang berikut:
“Amendment of return 77b. (1) Where for a year of assessment a person has furnished a return in accordance with subsection 77(1) or 77a(1), that person may make amendment to such return in an amended return as prescribed by the Director General in respect of the amount of tax or additional tax payable by that person on the chargeable income or on the amount of tax which has been or would have been wrongly repaid to him.
(2)
An amended return under subsection (1) shall only be made after the due date for the furnishing of the return in accordance with subsection 77(1) or 77a(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 amount of tax payable on the tax which has or would have been wrongly repaid to him;
(c)
specify the increased sum ascertained in accordance with subsection (4); or
(d)
contain such particulars as may be required by the
Director General.
(4)
The tax or additional tax payable under subsection (1)
shall—
(a)
if the amended return is furnished within a period of sixty days after the due date for the furnishing of the return in accordance with subsection 77(1)
or 77a(1), be increased by a sum equal to ten per cent of the amount of such tax or additional tax; or
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(b)
if the amended return is furnished after the period of sixty days from the due date for the furnishing of the return in accordance with subsection 77(1) or 77a(1) but not later than six months from that date, be increased by a sum which shall be determined in accordance with the following formula:
B + [(A + B) x 5%]
where
A is the amount of such tax payable or additional tax payable; and
B is ten per cent of the amount of such tax payable or additional tax payable, and the amount of the increased sum shall constitute part of the amount of tax or additional tax payable under subsection (1).
(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 77(1) or 77a(1); and
(b)
the Director General has made an assessment for that year of assessment under section 91, no amendment shall be allowed under this section.”.
Seksyen baharu 91a