Recognise Your Income First, Then Only Eligible to Claim Bad and Doubtful Debt!
M Company v. Ketua Pengarah Hasil Dalam Negeri D Company awarded a contract to M Company (“the Appellant”) for site-clearing, earth filling and levelling works. The contract amount was RM3.4 million, payable over 6 months. M Company subcontracted the work to S company for RM3.2 million with a completion date of 18th January 1998. S […]
