Revision of "Time Limit for Unabsorbed Adjusted Business Losses Carried Forward"

Good news

LHDN Public Ruling No. 1/2022, published on 30 June 2022.

The time limit for unabsorbed adjusted business loss had been revised from carrying forward for 7 to 10 years of assessment.

Effective year of assessment: 2019

Source: https://phl.hasil.gov.my/pdf/pdfam/PR_01_2022.pdf