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Receipts mandatory for tax relief

PETALING JAYA: Individual taxpayers claiming tax relief or deduction must back their claims with receipts dating back seven years if they are hauled up for an audit, according to the Inland Revenue Board (LHDN) and tax experts. DN) and tax experts.

Brickbats for SVDP from analysts

PETALING JAYA: The Special Voluntary Declaration Programme (SVDP) is not a sustainable way to collect taxes, and can in fact be unfair to taxpayers who have complied, says a top tax analyst.