30 Oct 2023
KETUA PENGARAH HASIL DALAM NEGERI MALAYSIA SYARIKAT TAN CHANG YONG HOLDINGS SDN BHD
- Citation
- W-01(A)-347-06/2021 (Mahkamah Rayuan)
- Court
- A
- Case number
- W-01(A)-347-06/2021 (Mahkamah Rayuan)
Contemporaneous documentary evidence and admissions established the transaction was a purchase of a timber concession (exclusive rights to extract and dispose of timber) rather than purchase of standing logs; such payments fall within paragraph 39(1)(g) and are therefore not deductible under s33(1); DGIR was not estopped from raising the statutory restriction and validly imposed a penalty under s113(2) (45%); High Court and SCIT majority erred in law and are set aside.