Translate
05 October 2020
Tengku Adnan Agreed To Pay Over RM40 million To Settle IRB Suit
Tengku Adnan agreed to pay over RM40 mln to settle IRB suit
BERNAMA
05/10/2020 07:45 PM
KUALA LUMPUR, Oct 5 -- Former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor today agreed to pay income tax arrears amounting to RM40,358,336.61 to the Inland Revenue Board (IRB) after both parties agreed to resolve the matter amicably at High Court here on Sept 23.
The IRB in its suit, sued Tengku Adnan over unpaid taxes with a 10 per cent increment totalling RM57,167,069.35.
According to the draft consent order obtained by the media through the court search system, the Malaysian government through IRB has agreed to amend Tengku Adnan's additional assessment notices as the defendant for the assessment years 2012 to 2017, all dated March 15, 2019.
"Therefore, the additional assessments amended to be paid by the defendant for 2012 amounted to RM53,872; 2013 (RM4,182,392.03; 2014 (RM6,285,357.26); 2015 (RM6,537,624.73); 2016 (RM3,524,071.10) and 2017 (RM19,775,019.49),” the draft order said.
"The additional amended tax amounted to RM40,358,336.61 including the penalties as part of the total tax settlement and is considered as a composite assessment under Section 96A of the Income Tax Act 1967,” it said.
The agreement also stated that both parties will discuss within 45 days from the date of the agreement of consent (Sept 23) on the payment mode.
"If the parties fail to reach an agreement on the mode of payment, this settlement will be paid before Dec 31, 2020.
"The plaintiff (Malaysian government) and Tengku Adnan hereby withdraw all interlocutory applications made under these civil proceedings and there will be no order on costs," according to the agreement.
The Government of Malaysia via IRB filed the suit on July 24 last year against Tengku Adnan for allegedly owing income taxes for assessment years 2012 to 2017 as stated in the Assessment Notice dated March 15, 2019.
IRB in its suit claimed the Putrajaya MP had failed to pay the owing income tax with a 10 per cent increment, totalling RM57,167,069.35.
The sum comprised RM64,444.38 (2012); RM6,614,861.59 (2013); RM8,887,576.69 (2014); RM9,198,523.67 (2015); RM5,520,818.05 (2016); and RM26,880,844.97 (2017).
As such, the plaintiff had demanded from the defendant a total of RM57,167,069.35, with interest on the total sum at five per cent per annum from the date of judgement until the date of realisation as well as costs and other relief deemed appropriate by the court.
-- BERNAMA
Popular Posts - Last 7 days
-
Wan Saiful trial: Prosecution witness says RM38,160 deposited into Sinar Karangkraf account Bernama 18/09/2024 Former Bersatu Information c...
-
BBQ Buffet Buy 2 Free 1 Experience a sumptuous BBQ Steamboat Buffet Dinner with Royale Chulan's exclusive "Buy 2 Free 1&qu...
-
Officials describe apparent assassination attempt on Donald Trump Trump was the subject of an apparent assassination attempt at his...
-
KLIA immigration officers now banned from using mobile phones while on duty - Azam Baki Bernama 18/09/2024 The Chief Commissioner of the Ma...
-
Ringgit breaches 4.30 level against US dollar, hits 20-month high Bernama 13/09/2024 Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afz...
-
Witness: Guan Eng approved RM2m bribe through middleman to avoid MACC detection KUALA LUMPUR, Sept 20 — The Sessions Court was told today ...
-
49 ditahan proses sisa elektronik secara haram, aset RM41.6 juta disita ASTRO AWANI 15/09/2024 Enam warga tempatan, 43 pendatang asing dita...
-
Pharmaniaga launches Malaysia's first locally owned biopharmaceutical plant Bernama 19/09/2024 Defence Minister Datuk Seri Mohamed Khal...
-
Pendaftaran RFID VEP: Dua lokasi tambahan di Johor beroperasi mulai Ahad Bernama 19/09/2024 Dua lokasi tambahan untuk memudahkan proses pen...
-
Emmy Awards 2024 Winners List: ‘Shogun’ Dominates With 18 Wins, and ‘The Bear’ Cooks Up 11 VARIETY For the second time this year, Hol...
Popular Posts - Last 30 days
-
Malaysia COVID-19 cases soar above 5k Melissa Fernando ASRTRO AWANI Julai 16, 2022 = Malaysia COVID-19 cases soar above 5k There were eigh...
-
37 individuals remanded in probe into misappropriation of PenjanaKerjaya funds Bernama Julai 15, 2022 MACC today remanded 37 individuals to...
-
Twitter sues Elon Musk to hold him to $44 billion deal Reuters Julai 13, 2022 The lawsuit accused Musk of "a long list" of viola...
-
All Malaysian pilgrims complete haj pilgrimage Bernama Julai 12, 2022 All 14,305 Malaysian pilgrims have completed the Haj without any unt...
-
Wan Saiful trial: Prosecution witness says RM38,160 deposited into Sinar Karangkraf account Bernama 18/09/2024 Former Bersatu Information c...
-
Shahrol Azral transferred 1MDB money to Jho Low's company twice - Najib's lawyer Named 02/09/2024 Datuk Shahrol Azral Ibrahim Halmi...
-
BBQ Buffet Buy 2 Free 1 Experience a sumptuous BBQ Steamboat Buffet Dinner with Royale Chulan's exclusive "Buy 2 Free 1&qu...
-
Evening Standard Otter attack in Malaysia leaves woman bloodied and unable to stand EVENING STANDARD 12 September 2024 Otter attack in Mal...
-
Officials describe apparent assassination attempt on Donald Trump Trump was the subject of an apparent assassination attempt at his...
Blog Archive
-
►
2024
(2928)
- September (244)
- August (356)
- July (273)
- June (329)
- May (352)
- April (317)
- March (342)
- February (352)
- January (363)
-
►
2023
(3771)
- December (311)
- November (322)
- October (286)
- September (288)
- August (365)
- July (349)
- June (372)
- May (316)
- April (279)
- March (301)
- February (245)
- January (337)
-
►
2022
(4309)
- December (352)
- November (422)
- October (288)
- September (281)
- August (347)
- July (303)
- June (335)
- May (406)
- April (341)
- March (371)
- February (390)
- January (473)
-
►
2021
(9030)
- December (636)
- November (647)
- October (809)
- September (797)
- August (880)
- July (894)
- June (747)
- May (780)
- April (580)
- March (629)
- February (643)
- January (988)
-
▼
2020
(6800)
- December (819)
- November (698)
- October (832)
- September (729)
- August (548)
- July (558)
- June (615)
- May (394)
- April (368)
- March (453)
- February (439)
- January (347)
-
►
2019
(4089)
- December (411)
- November (425)
- October (375)
- September (279)
- August (397)
- July (353)
- June (326)
- May (315)
- April (266)
- March (318)
- February (293)
- January (331)
-
►
2018
(4100)
- December (305)
- November (304)
- October (357)
- September (352)
- August (420)
- July (442)
- June (366)
- May (412)
- April (343)
- March (275)
- February (233)
- January (291)
-
►
2017
(3888)
- December (268)
- November (293)
- October (352)
- September (309)
- August (356)
- July (300)
- June (319)
- May (354)
- April (316)
- March (335)
- February (306)
- January (380)
-
►
2016
(4563)
- December (331)
- November (328)
- October (378)
- September (415)
- August (404)
- July (380)
- June (310)
- May (370)
- April (430)
- March (484)
- February (355)
- January (378)
-
►
2015
(4588)
- December (402)
- November (392)
- October (393)
- September (375)
- August (450)
- July (392)
- June (456)
- May (407)
- April (408)
- March (374)
- February (262)
- January (277)