INCOME TAX (DEDUCTIONS FOR OVERSEAS EXPENSES FOR PROMOTION OFTOURISM) (AMENDMENT) RULES 2003 [P.U.(A) 263]

INCOME TAX (DEDUCTIONS FOR OVERSEAS EXPENSES FOR PROMOTION OF

TOURISM) (AMENDMENT) RULES 2003 [P.U.(A) 263]

(Gazetted on 17 July, 2003)

 

IN exercise of the powers conferred by paragraph 154(1)(b) of the Income Tax Act 1967 [Act 53], the Minister makes the following rules:

 

Citation and commencement

 

1. (1) These rules may be cited as the Income Tax (Deductions for Overseas Expenses for Promotion of Tourism) (Amendment) Rules 2003.

 

(2) These Rules are deemed to have effect from the year of assessment 2002.

 

Amendment of rule 4

 

2. The Income Tax (Deductions for Overseas Expenses for Promotion of Tourism) Rules 1991 [P.U. (A) 412/1991] are amended in paragraph 4(2)(d)—

 

(a) by substituting for the word “two” the word “three”; and

(b) by inserting after the words “one hundred” the words “and fifty”.

 

Made 26 June 2003

[Perb. 0.3865/G/4 Jld. 12 (SK.1); LHDN. 01/35/(S)/42/51/82-7; PN(PU²)80/XXXVIII]

 

DR. JAMALUDIN BIN MOHD JARJIS

Second Minister of Finance

 

[To be laid before the Dewan Rakyat pursuant to subsection 154(2) of the Income Tax Act 1967]