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 izit a must to declare rental income to income tax

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mIssfROGY
post Nov 6 2010, 06:31 PM

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u duwan also can geh.....but if u got 5-6 properties and not declare anything, i think IRB sure will come knocking oredi woh..
once they check u and find out u neva declare.......the penalty itself might kill u...

btw, u can offset your loan interest and some other expenses if not mistaken. U can call them up to ask what can n cannot be done.

This post has been edited by mIssfROGY: Nov 6 2010, 06:33 PM

 

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