Recently, the High Court in NPC Resources v Ketua Pengarah Hasil Dalam Negeri [ 2022] MSTC 30-515   upheld the decision of the Special Commissioners of Income Tax (SCIT) regarding the basis of which the disposal price of shares is determined when such assets are disposed by a real property company. Brief Facts In 2004, the taxpayer acquired 3,000,000 ordinary shares in a real property company amounting to RM 14,397,000. In 2016, the taxpayer disposed the 3,000,000 shares for