ABN director charged with late payment of RM785,000 in monthly tax deductions

SHAH ALAM, June 29 — An Asian Broadcasting Network (M) Sdn Bhd (ABN Xcess) director was charged in the magistrate’s court here today, with nine counts of late payment of its staff’s monthly tax deduction (MTD) to the Inland Revenue Board (IRB) in 2014.

The MTD, amounting to RM785,641.78, was for between June and December 2014, and August and November the same year.

However, the director, S. Sreedhar, 54, who was charged as employer, did not attend the hearing but was instead, represented by a company representative, R. Subashini.

Plea of not guilty was recorded for all the charges read out by a court interpreter before magistrate P. Sarulatha.

He charged under Rule 10 (1) and Rule 17 of the Rules of Income Tax (Deduction from Remuneration) Act 1994 which carries a fine not less than RM200 and not more than RM2,000 or six months’ imprisonment or both, upon conviction.

Sarulatha set Aug 10 for submission of documents.

The prosecution was conducted by Mohd Sabidi Samsi Sidik appearing for IRB while Sreedhar was represented by counsel B. Shankar Govinth. — Bernama

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