6 Mar 2025
SUNWAY REIT HOLDINGS SDN BHD KETUA PENGARAH HASIL DALAM NEGERI
- Citation
- W-01(A)-610-08/2022 (Mahkamah Rayuan)
- Court
- A
- Case number
- W-01(A)-610-08/2022 (Mahkamah Rayuan)
Section 33(1) ITA does not provide for apportionment of interest deductions between taxable and non‑taxable distributions as applied by the Respondent; the Respondent's apportionment based on Public Ruling No.2/2011 was ultra vires and the correct computation is the Appellant's, resulting in deductible interest of RM18,188,537.62 for YA2011.