Re: EA Reporting
Hi, can you pls. advise on the below query for Malaysia EA form reporting.
We have a situation wherein an employee was overpaid in FY 2015 which will be recovered in current FY 2016. In the given situation, what would be the system behavior in line with IRB regulations.
1. Will the overpaid recovery amount be reduced from employee current FY taxable income to pass on the tax benefit.
2. Will this call for amendment of EA form for 2015.