30 local companies were ordered to settle fines at the Magistrate's Court from July until September 2025, for failing to comply with the Income Tax Act, Chapter 35 namely failing to submit Income Tax Returns.
The Revenue Division, Ministry of Finance and Economy would like to remind that companies registered under the Companies Act, Chapter 39 are required to submit their Income Tax Returns latest by 30th June of the relevant Year of Assessment as required under the Income Tax Act.
If companies are found guilty for failing to submit Income Tax Returns, along with settling the fines imposed by the Courts, they are still required to submit their outstanding Income Tax Returns and pay the outstanding tax amount with penalties which is imposed at maximum 17 per cent of the outstanding tax, where applicable.
COMPANY FINE
Sitikayah Sdn Bhd BND6,000
Snapfeed Sdn Bhd BND4,000
Tanzila Sdn Bhd BND4,000
Sayem Sdn Bhd BND4,000
Cooper Macdonald Daud Sdn Bhd BND4,000
Mey Jiang Hardwares Sdn Bhd BND3,200
Nazmul Jaya Sdn Bhd BND3,200
Confidence Sdn Bhd BND3,200
Shad Sdn Bhd BND3,200
Foysal Jaya Sdn Bhd BND3,000
Alexa Sdn Bhd BND3,000
AS Faria Sumon Sdn Bhd BND3,000
Attacca Sdn Bhd BND3,000
Everwide Darulsalam Sdn Bhd BND2,000
G K S Sdn Bhd BND2,000
Sheam Sdn Bhd BND2,000
Lamia Sdn Bhd BND2,000
Asha Sdn Bhd BND2,000
PS Supply Sdn Bhd BND2,000
Shafaifa binti Marwa Sdn Bhd BND2,000
Procity Sdn Bhd BND1,000
M.M.S.S.B Contractor Sdn Bhd BND1,000
Malitha Sdn Bhd BND1,000
S.A. Aryan Sdn Bhd BND1,000
Amir Foysal Sdn Bhd BND1,000
Maniche Workshop Sdn Bhd BND1,000
NLY Sdn Bhd BND1,000
Mehedi Hasan Sdn Bhd BND1,000
World Class Construction Sdn Bhd BND1,000
Tamima Jeny Sdn Bhd BND800
