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Super Distributor Sdn Bhd acts as distributing agent for a number of chemical products manufacturers. The company has entered into a contract with Top Manufacturing

Super Distributor Sdn Bhd acts as distributing agent for a number of chemical products manufacturers. The company has entered into a contract with Top Manufacturing Sdn Bhd to act as its distributing agent for ten years. The contract was canceled after two years by Top Manufacturing Sdn Bhd. Super Distributor Sdn Bhd received a sum of RM50,000 as compensation for the termination of contract.

Explain the taxability of the compensation received by Super Distributor Sdn Bhd

If possible please include which section of the ITA i can refer to

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