Datuk DP Naban, S Saravana Kumar and Dharshini Sharma of Rosli Dahlan Saravana Partnership detail this crucial decision which deals with thorny issues of domestic remedy and the interpretation of income tax law.
S Saravana Kumar and Yap Wen Hui of Rosli Dahlan Saravana Partnership explain the significance of a ruling that an agreement for a gas compressor installation is subject to nominal stamp duty.
KUALA LUMPUR, Aug 25 The High Court today allowed the judicial review application by Petronas to quash a bill of demand (BOD) issued by the Royal Malaysian Customs Department.
The High Court here on Thursday allowed a subsidiary of Sarawak Energy Bhd (SEB) to challenge the Ministry of Finance's decision to reject its RM10.9 billion investment tax allowance claim in 2019, as it granted an application from SEB's subsidiary for a judicial review of the Ministry's decision. SEB's subsidiary, Baleh Hydro Power Generation Sdn Bhd, which was appointed to construct a hydroelectric power plant in Kapit, Sarawak, had applied to the Ministry to claim the investment tax allowance, a type of tax incentive granted based on the capital expenditure a company incurs on approved projects.