Notes To The Financial Statements 31 March 2024 (Cont’d) 156 ENRA GROUP BERHAD ANNUAL REPORT 2024 25. TAX EXPENSE Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Current tax expense based on loss for the financial year - Current year 232 100 - - - Under/(Over) provision in prior years 57 (39) - 2 Total tax expense 289 61 - 2 (a) Malaysian income tax is calculated at the statutory tax rate of 24% (2023: 24%) of the estimated taxable profits for the fiscal year. (b) Tax expense for other tax authorities are calculated at the rates prevailing in those respective jurisdictions. (c) Numerical reconciliation between the tax expense and the product of accounting loss multiplied by applicable tax rate of the Group and of the Company are as follows: Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Loss before tax (16,171) (39,476) (14,990) (31,310) Tax at Malaysian statutory tax rate of 24% (2023: 24%) (3,881) (9,474) (3,598) (7,514) Non-allowable expenses 2,716 7,637 3,691 7,485 Non-taxable income (465) (358) (51) (47) Deferred tax assets not recognised 1,890 2,447 76 Utilisation of previously unrecognised deferred tax assets - - (42) - Effect of different tax rate in foreign jurisdiction (28) (152) - - 232 100 - - Under/(Over) provision in prior years: - income tax 57 (39) - 2 289 61 - 2
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