4.1Late Furnish of CP 204

            If a company fails to submit CP204 Form within the stipulated time, the company cannot make a revision on the 6th and 9th month of the basis period using CP204A Form. If a company plans to revise their tax estimate, the company has to submit an appeal letter which is subject to IRBM (LHDN) approval.

Example:

            DEF Sdn. Bhd. is an existing company which year ended 30th June. Therefore the due date for CP204 submission is on or before 31st May every year. For the year assessment 2009 the company late submits their CP204 tax estimation on 15/06/2008.

            The basis period for DEF Sdn. Bhd. is from 01/07/2008 to 30/06/2009 for the year of assessment 2009. The due date for CP204 Form submission should be not later than 31/05/2008. The company submitted CP204 Form on 15/06/2008, which is after the due date.

            In the above situation, revision on the 6th and 9th month of the basis period cannot be made using CP204A Form. Instead, an appeal letter has to be submitted to Information Processing Department, Pandan Indah, Kuala Lumpur stating the reasons for the delay.