KUALA LUMPUR (Bernama): Petroliam Nasional Berhad (Petronas) and three other companies obtained leave to commence judicial review proceedings in the High Court here to challenge the action of the Inland Revenue Board (IRB) in imposing additional tax assessments totalling RM3.6bil between 2010 and 2017.
Lawyer S. Saravana Kumar informed the court that IRB did not object to the application and agreed that leave be given to the company to initiate a judicial review application through a draft consent order provided by the company. The draft consent order is prepared by us and to save court time, all parties have reached a solution with the respondent (IRB) in agreeing to give permission to the applicant to proceed with the case, he said.
15 Dec 2020 / 16:24 H.
KUALA LUMPUR: Petroliam Nasional Berhad (Petronas) and three other companies obtained leave to commence judicial review proceedings in the High Court here to challenge the action of the Inland Revenue Board (IRB) in imposing additional tax assessments totalling RM3.6 billion between 2010 and 2017.
Lawyer S. Saravana Kumar informed the court that IRB did not object to the application and agreed that leave be given to the company to initiate a judicial review application through a draft consent order provided by the company.
“The draft consent order is prepared by us and to save court time, all parties have reached a solution with the respondent (IRB) in agreeing to give permission to the applicant to proceed with the case,“ said the lawyer.