1. Failure to comply with subsection 153(1) of the Income Tax Act 1967 by carrying on activities as a tax agent, tax consultant or tax adviser (or under any other like description) without approval is an offence under paragraph 120(1)(d) of the Income Tax Act 1967, and if convicted, can be fined not less than RM200 and not more than RM20,000 or imprisonment for a term not exceeding 6 months or both.

  2. The act of assisting or giving advice in the preparation of any return which results in the tax liability of a person to be under-declared is an offence under subsection 114(1A) of the Income Tax Act 1967, and if convicted, can be fined not less than RM2,000 and not more than RM20,000 or imprisonment for a term not exceeding 3 years or both.

  3. Related provisions:
    • Section 114 of the Income Tax Act 1967
    • Section 120 of the Income Tax Act 1967
    • Section 153 of the Income Tax Act 1967