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Targetmax Sdn Bhd trades kitchen appliances in Johor Bharu. The company closes its accounts on 31 October annually. The estimated tax payable submitted via Form

Targetmax Sdn Bhd trades kitchen appliances in Johor Bharu. The company closes its accounts on 31 October annually. The estimated tax payable submitted via Form CP204 for the year assessment 2020 was RM480,000. Required: a. Identify the due date and amount to be paid by Targetmax Sdn Bhd for the submission of its first monthly tax instalment for the year of assessment 2020. (2 marks) b. Discuss briefly the procedure to revise the estimated tax payable for Targetmax Sdn Bhd

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