CRITERIA ON INCOMPLETE INCOME TAX RETURN FORMS (ITRF)

The IRB has issued the criteria on incomplete ITRF which is available on the IRB’s website at the link below: http://www.hasil.gov.my/pdf/pdfam/Kriteria_BNCP_Tidak_Lengkap.pdf.

The IRB has further informed that an incomplete ITRF will be returned to the taxpayer effective from 1 January 2012 and for any late resubmission of the ITRF, penalty under subsection 112(3) of the Income Tax Act 1967 will be imposed by the IRB.

Some of the key areas highlighted are as follows:

a. Failure to use the prescribed ITRF issued by the IRB and for the relevant year of assessment;
b. Errors in filling up basic information in the ITRF;
c. Using other taxpayer’s ITRF;
d. Error or filling up of incomplete date of the accounting period;
e. Mistake in filling up the accurate amount and error in the computation of tax in the ITRF; and
f. The particulars provided under the ‘Declaration’ column in the ITRF is either incorrectly filled up or incomplete.