DGIR v. KTT [1997]: Legal Owner vs Beneficial Owner
Since the purpose of this article is to serve as an illustration, all real names and dates have been altered. High Court Malaya, Johor Bahru Abdul Malik Ishak J [Civil Appeal No: 12-18-1997] 25 September 1997 JUDGMENT Abdul Malik Ishak J: This appeal came up to me because of a case stated by the Special […]
Income Tax (Accelerated Capital Allowance) (Excursion Bus) (Amendment) Rules 2022
1. Excursion Bus purchases made between YA 2020 and YA 2021 are eligible for an Accelerated Capital Allowance (ACA) on capital expenses incurred by licensed tour operators. 2. The ACA given by the Income Tax (Accelerated Capital Allowance) (Excursion Bus) Rules 2021 can be claimed within two years, with an initial allowance of 20% and […]
