GSK & AssociatesApr 24, 20214 minBad Debts Written Off - Tax Deductible?Malaysian Income Tax Act, 1967 allows a deduction for bad debts / irrecoverable debts under Section 34 (2).
GSK & AssociatesJul 3, 20192 minACCOUNTING RECORDS KEEPING - A MANDATORY REQUIREMENT IN MALAYSIAAccounting records keeping, a mandatory requirement in Malaysia. It is required by Income Tax Act, 1967 and Companies Act, 2016.