fbpx
Connect with us

News

LHDN Denies Inaction Against GISBH, Says Over 60 Audits Had Been Conducted & Penalties Imposed

Published

Feat Image Gisbh
Source: The Sun & Seehua

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The Inland Revenue Board (LHDN) has refuted claims by the public that it hasn’t taken any action against Global Ikhwan Services and Business Holdings Sdn Bhd (GISBH), clarifying that the recent statement by Inspector-General of Police (IGP) Tan Sri Razarudin Husain that GISBH had never paid any taxes referred only to the latest assessment year.

In a statement, LHDN revealed that it had conducted over 60 audit reviews on GISBH and its associated companies and individuals for previous assessment years.

 

LHDN had imposed penalties on GISBH, its related companies and individuals 

Lhdn 1

For illustration purposes

In fact, fines and penalties have been imposed on GISBH, related companies and individuals for past assessment years, and they have already paid the compounds and penalties imposed. 

LHDN added that continuous monitoring of tax compliance by GISBH, related companies and individuals are carried out in the same manner as other taxpayers, with no special treatment given.

As for the taxes that were never paid by GISBH, its related companies and individuals, they were from the latest assessment year, and LHDN iterated that they’re cooperating with the Royal Malaysia Police (PDRM) to investigate the matter.

Gisbh 1

For illustration purposes

 

LHDN is committed to combat tax non-compliance with no special treatment for any individuals or companies

Furthermore, LHDN said that its cooperation with PDRM is meant to complete the investigation based on new information and findings related to the taxation issue for the latest assessment year.

Adib Rawi Lhdn 015 1 3154785 20230510173756

Accordingly, prosecution actions and penalties under the Income Tax 1967 will be taken for any offences of the relevant legal provisions.

LHDN stressed that it is committed to combating tax non-compliance, ensuring fairness for all compliant taxpayers while avoiding leakage involving national revenue.


So, what do you guys make of LHDN’s statement? Share your thoughts with us in the comments!

 

Also read: “Is it cause I’m Chinese?” – M’sian Questions LHDN’s GISBH Inaction After Facing 2 Audits in 3 Years

Feat Image

Source: Harian Metro

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 12 1 Collage 12 1
News6 hours ago

Anwar Ibrahim: Banks in M’sia Must Compensate Scam Victims if Found to be Negligent

During the Prime Minister’s Question Time in the Dewan Rakyat today (December 3), Prime Minister Anwar Ibrahim said banks should...

Collage 15 Collage 15
News7 hours ago

M’sian Beats Up Mistress’ Husband Who Wanted to Bring Her Home After She Was Gone for 3 Days

A 43-year-old man, Mohd Rashimi Mahmood was arrested by police for injuring his mistress’ husband. Rashimi and his mistress were...

Collage 11 1 Collage 11 1
News8 hours ago

“Don’t associate my name with UPNM” – Malaysian King Demands Uni Put an End to Bullying & Abuse

The National Defence University of Malaysia (UPNM) has recently been in the spotlight due to multiple bullying cases, especially after...

Collage 13 Collage 13
News11 hours ago

KKM Calls on the Public to Avoid Playing in Floodwaters, Warns of Deadly Waterborne Diseases

Just yesterday, it was reported that ‘flood tourism’ became a real thing in Kelantan, as crowds gathered and stalls opened...

Collage 9 1 Collage 9 1
News11 hours ago

“I made history” – Legendary Nicol David Bags Spot in Professional Squash Association Hall of Fame

Nicol David is a name we all know and love, and her achievements as a professional squash player throughout her...

Collage 12 Collage 12
News11 hours ago

Roads Across 5 Kelantan Districts Damaged Severely by the Flood, Govt to Spend RM22.5 Mil on Repairs

The flood in Kelantan is, by far, the worst disaster to hit the state in the last 10 years. The...

Collage 10 Collage 10
News1 day ago

Ipoh Residential Area Submerged in Garbage-Filled Floodwaters up to Chest Level for the First Time in 30 Years

In case you are not aware, Kelantan and Terengganu are not the only states that are hit by the flood....

Collage 7 Collage 7
News1 day ago

M’sians Steal a Gold Bar ATM From Ampang Jaya Only to Find it Empty, 3 Suspects Arrested by PDRM

A 24-year-old marketing officer made a police report on November 23 after getting a call saying that a Public Gold...

Announcement

Latest Videos



TRENDING TODAY