Income Tax Act 1967

The Income Tax Act 1967 (), is a Malaysian law establishing the imposition of income tax.

Structure The Income Tax Act 1967, in its current form (1 January 2006), consists of 10 Parts containing 156 sections and 9 schedules (including 77 amendments). Part I: Preliminary Part II: Imposition and General Characteristics of the Tax Part III: Ascertainment of Chargeable Income Chapter 1: Preliminary Chapter 2: Basis years and basis periods Chapter 3: Gross income Chapter 4: Adjusted income and adjusted loss Chapter 5: Statutory income Chapter 6: Aggregate income and total income Chapter 7: Chargeable income Chapter 8: Special cases Part IV: Persons Chargeable Part V: Returns Part VI: Assessments and Appeals Chapter 1: Assessments Chapter 2: Appeals Part VII: Collection and Recovery of Tax Part VIIA: Fund for Tax Refund Part VIII: Offences and Penalties Part IX: Exemptions, Remission and Other Relief Part IXA: Special Incentive Relief Part X: Supplemental Chapter 1: Administration Chapter 2: Controlled companies and powers to protect the revenue in case of certain transactions Chapter 3: Miscellaneous Schedules

References

Income Tax Act 1967