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Income Tax Expenses
 6 Months Ended
Jun. 30, 2024
Income Tax Expenses [Abstract]  
INCOME TAX EXPENSES
28INCOME TAX EXPENSES

 

   Six months ended
June 30,
2023		   Six months ended
June 30,
2024		 
   RM   RM   USD 
Current income tax expense   800,000    826,402    175,189 
Overprovision for tax expense   (173,857)   
-
    
-
 
Income tax expense   626,143    826,402    175,189 

 

The tax on the Group’s profit before income tax differs from the theoretical amount that would arise using the Malaysia’s standard rate of income tax as follows:

 

   Six months ended
June 30,
2023		   Six months ended
June 30,
2024		 
   RM   RM   USD 
Profit before income tax   20,680,347    26,240,099    5,562,643 
                
Tax calculated at tax rate of 24%   4,963,283    6,297,624    1,335,034 
Effects of:               
- Income not taxable for tax purposes   (4,163,283)   (5,794,261)   (1,228,326)
- Unutilised tax losses forfeited   
-
    
-
    
 
 
- Expenses not deductible for tax purposes   
-
    323,039    68,481 
    800,000    826,402    175,189 
Overprovision in prior year   (173,857)   
-
    
-
 
Income tax expense   626,143    826,402    175,189