KUALA LUMPUR (Sept 2): An accountant claimed trial at the Georgetown Magistrates’ Court on Wednesday for allegedly assisting a company to evade RM2.5 million in income tax for the 2021 assessment year.
Chew Ai Keow, a partner at <a href="https://bitcomme.com/box-inc-box-vp-chief-accounting-officer-controller-eli-berko/” title=”Box Inc (BOX) VP Chief Accounting Officer & Controller Eli Berko”>accounting firm Abbacus Cloud Solutions, claimed trial when the charge was read before Magistrate Noor Idayu Salim, reported Berita Harian.
Chew is accused of assisting and advising Penshrimp Fishery Sdn Bhd in submitting an income statement to the director-general of the Inland Revenue Board (IRB) that excluded RM10,678,133.00 sales transactions.
The omission allegedly resulted in RM2,526,144.24 of undeclared taxes in the company’s Form C declaration, as required under Section 77A (1) of the Income Tax Act 1967.
She is accused of committing the offence at 105-07-07 Jalan Gurdwara, Hexagon Tech Park in Penang, after she was appointed to prepare Penshrimp Fishery’s accounts from January to March 2021.
Chew is charged under Section 114(1A) of the Income Tax Act 1967 for helping a company to under-declare taxes. If convicted, she faces a fine of between RM2,000 and RM20,000 or jail of up to three years of both.
IRB prosecuting officer Azniwati Yahya offered bail at RM10,000 with one surety. The accused, who was represented by N Dylan, asked for minimum bail as Chew has a family in Penang was not a flight risk.
Noor Idayu granted bail at RM4,000 with one surety, and fixed Oct 28 for case mention and submission of documents.
