This article is written by Lee Hishamuddin and Gledhill (LHAG) and was first published in their Tax e-Alert in October 2019. Reproduced with permission from LHAG.
In the case of CP Sdn Bhd v Ketua Pengarah Hasil Dalam Negeri, the high court allowed a taxpayer to deduct the valuation fee incurred by them to value their properties, including their investment property in the form of a shopping mall. The taxpayer was successfully represented by our Tax, SST & Customs partner, S Saravana Kumar.
