122 / 168
Datasonic Group Berhad
(Company No. 809759-X)
120
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
(Continued)
37. INCOME TAX EXPENSE
Group
Company
15-month
15-month
Year
period
Year
period
1.4.2015
1.1.2014
1.4.2015
1.1.2014
to
to
to
to
31.3.2016
31.3.2015
31.3.2016
31.3.2015
RM’000
RM’000
RM’000
RM’000
Current tax expense:
- for the financial year/period
3,416
3,400
318
550
- (over)/underprovision in
the previous financial
period/year
(2,302)
322
(139)
115
1,114
3,722
179
665
Deferred tax liabilities (Note 25):
- for the financial year/period
1,036
3
–
5
- (over)/underprovision in
the previous financial
period/year
58
(10)
(35)
6
1,094
(7)
(35)
11
2,208
3,715
144
676
During the financial year, the statutory tax rate reduced from 25% to 24%.
On 6 November 2012, a wholly-owned subsidiary, DSSSB was granted Multimedia Super Corridor
status which qualifies for Pioneer Status incentive under the Promotion of Investments Act, 1986 for
the period from 18 May 2012 to 17 May 2017 whereby the statutory income from approved activities
is exempted from tax.