PLC Latest Tax Update: SDVP under s113(2)




Latest update Operational Guidelines @ 24/4/2019


“when making SVDP by letter or email....Taxpayer has to make a FULL Declaration of unreported income or profit on disposal of assets”

ALL taxable income has been accounted for...

“LHDN will accept the info in Good Faith but computation of tax will checked for accuracy on the VD made”


Insist LHDN reply to include “Field Audit & Investigation” in wordingas promised LHDN will not be carried out on the YA in the VD made eg. 2013-2017, unless declaration not in FULL.....


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