Failure to furnish information within a stipulated period
1. FAILURE TO FURNISH INFORMATION
WITHIN A STIPULATED PERIOD
PR 3/2015
DATE OF PUBLICATION : 29 JULY 2015
S 81
2. • The DGIR may by notice, under Section 81 of the Income Tax Act
1967 [“the Act”], require the person to provide information as
requested by the competent authority within a specified time
frame. Any person who, without reasonable excuse, fails to comply
with such notice commits an offence under Section 120 of the Act.
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13. Refer Example 5 except that the
supporting document was not
furnished.
RBSB failed to furnish the
supporting document within the
time specified in the notice of
extension of time.
Therefore the expense of
RM250,000 will not be allowed
as a deduction under subsection
39(1A) of the ITA.
![• The DGIR may by notice, under Section 81 of the Income Tax Act
1967 [“the Act”], require the person to provide information as
requested by the competent authority within a specified time
frame. Any person who, without reasonable excuse, fails to comply
with such notice commits an offence under Section 120 of the Act.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)