Latest news with #IncomeTaxAct1967
Borneo Post
25-05-2025
- Business
- Borneo Post
Seek legal advice over tax exemption cancellations, SUPP Dudong man tells charitable bodies
Wong greets members of the public at a coffeeshop during the SUPP Dudong and Sibujaya's Kopitiam Talk. – Photo by Peter Boon SIBU (May 25): Sarawak United People's Party (SUPP) Dudong branch chairman Wong Ching Yong has urged charitable bodies at risk of getting their tax exemption status cancelled to consult tax accountants and lawyers specialising in taxation. In giving this advice, he revealed that several charitable bodies in Sarawak have had their tax exemption status cancelled by the Inland Revenue Board (IRB), and expressed concern that many did not appeal the decision in court. Citing a recent case, he highlighted how the National Kidney Foundation (NKF) successfully challenged IRB's decision to withdraw its tax exemption status under Section 44(6) of the Income Tax Act 1967 (ITA) through a judicial review in the High Court. 'In Sarawak, I have been made aware of several charitable bodies whose tax exemption status was cancelled by IRB. It's regrettable that these organisations did not appeal to the High Court. 'Based on the favourable outcome in the NKF case, I strongly encourage other charitable bodies facing similar challenges to seek legal advice. Do not give up or surrender your right to a judicial review,' he said this when met after the SUPP Dudong and Sibujaya's Kopitiam Talk at a coffeeshop here yesterday. Wong pointed out that charities in Malaysia are operated by people who are professional, honest individuals of high standing in the society. 'I personally have had good experience with the Board of Trustees of the Kidney Foundation in Sibu. However, I was informed that the foundation's tax exemption status was cancelled some years ago. 'This is detrimental to any charities, as tax exemptions are very attractive for donors, who enjoy tax benefits on their donations to charity. 'The IRB policy of even cancelling the tax exemption status of charitable bodies indicates that the government's coffers are very low. Once again, it is high time to bring back the Goods and Services Tax (GST) to broaden Malaysia's tax base,' he said. During the programme, SUPP Dudong and Sibujaya's mobile service teams reached out to individuals having any livelihood issues or community concerns. Also present was SUPP Sibujaya chairman Kong Sing Ping. charitable bodies Court legal SUPP Dudong tax exemption Wong Ching Yong
Malaysian Reserve
22-04-2025
- Business
- Malaysian Reserve
High Court grants Na'imah leave to challenge IRB's RM313.8m tax claim
SHAH ALAM — The High Court today granted leave to Toh Puan Na'imah Abdul Khalid (picture), the widow of former finance minister the late Tun Dr Daim Zainuddin, to commence judicial review proceedings to challenge the Inland Revenue Board's (IRB) tax claim of RM313.8 million. Her counsel, S. Saravana Kumar, stated that the court was satisfied that his client's application for leave had merit. Speaking outside the courtroom, Saravana Kumar said Justice Dr Shahnaz Sulaiman held that Na'imah's application was neither frivolous nor vexatious, and that it raised legal questions warranting a substantive hearing. Federal counsel Sheryn Yong appeared on behalf of the Attorney General's Chambers during the proceedings. Previously, on Oct 18, 2024, the same court dismissed Na'imah's application for a temporary stay of the order requiring her to settle RM313.82 million in income tax arrears to the IRB. The court had ruled that there were no exceptional circumstances to justify the stay and affirmed that the respondent was empowered under the Income Tax Act 1967 to enforce collection. However, on Oct 28, 2024, the Court of Appeal unanimously allowed Na'imah's application for a temporary stay of the payment order. — BERNAMA
Malay Mail
22-04-2025
- Business
- Malay Mail
Daim's widow Na'imah gets High Court go-ahead to challenge IRB's RM313.8m tax order
SHAH ALAM, April 22 — The High Court today granted leave to Toh Puan Na'imah Abdul Khalid, the widow of former finance minister the late Tun Dr Daim Zainuddin, to commence judicial review proceedings to challenge the Inland Revenue Board's (IRB) tax claim of RM313.8 million. Her counsel, S. Saravana Kumar, stated that the court was satisfied that his client's application for leave had merit. Speaking outside the courtroom, Saravana Kumar said Justice Dr Shahnaz Sulaiman held that Na'imah's application was neither frivolous nor vexatious, and that it raised legal questions warranting a substantive hearing. Federal counsel Sheryn Yong appeared on behalf of the Attorney General's Chambers during the proceedings. Previously, on October 18, 2024, the same court dismissed Na'imah's application for a temporary stay of the order requiring her to settle RM313.82 million in income tax arrears to the IRB. The court had ruled that there were no exceptional circumstances to justify the stay and affirmed that the respondent was empowered under the Income Tax Act 1967 to enforce collection. However, on October 28, 2024, the Court of Appeal unanimously allowed Na'imah's application for a temporary stay of the payment order. — Bernama
The Sun
22-04-2025
- Business
- The Sun
High Court grants Na'imah leave to challenge IRB's RM313.8 mln tax claim
SHAH ALAM: The High Court today granted leave to Toh Puan Na'imah Abdul Khalid, the widow of former finance minister the late Tun Dr Daim Zainuddin, to commence judicial review proceedings to challenge the Inland Revenue Board's (IRB) tax claim of RM313.8 million. Her counsel, S. Saravana Kumar, stated that the court was satisfied that his client's application for leave had merit. Speaking outside the courtroom, Saravana Kumar said Justice Dr Shahnaz Sulaiman held that Na'imah's application was neither frivolous nor vexatious, and that it raised legal questions warranting a substantive hearing. Federal counsel Sheryn Yong appeared on behalf of the Attorney General's Chambers during the proceedings. Previously, on Oct 18, 2024, the same court dismissed Na'imah's application for a temporary stay of the order requiring her to settle RM313.82 million in income tax arrears to the IRB. The court had ruled that there were no exceptional circumstances to justify the stay and affirmed that the respondent was empowered under the Income Tax Act 1967 to enforce collection. However, on Oct 28, 2024, the Court of Appeal unanimously allowed Na'imah's application for a temporary stay of the payment order.
The Sun
22-04-2025
- Business
- The Sun
Na'imah gets court nod to challenge RM313.8m tax claim
SHAH ALAM: The High Court today granted leave to Toh Puan Na'imah Abdul Khalid, the widow of former finance minister the late Tun Dr Daim Zainuddin, to commence judicial review proceedings to challenge the Inland Revenue Board's (IRB) tax claim of RM313.8 million. Her counsel, S. Saravana Kumar, stated that the court was satisfied that his client's application for leave had merit. Speaking outside the courtroom, Saravana Kumar said Justice Dr Shahnaz Sulaiman held that Na'imah's application was neither frivolous nor vexatious, and that it raised legal questions warranting a substantive hearing. Federal counsel Sheryn Yong appeared on behalf of the Attorney General's Chambers during the proceedings. Previously, on Oct 18, 2024, the same court dismissed Na'imah's application for a temporary stay of the order requiring her to settle RM313.82 million in income tax arrears to the IRB. The court had ruled that there were no exceptional circumstances to justify the stay and affirmed that the respondent was empowered under the Income Tax Act 1967 to enforce collection. However, on Oct 28, 2024, the Court of Appeal unanimously allowed Na'imah's application for a temporary stay of the payment order.
