QUOTE(fraulein @ Apr 12 2010, 10:43 PM)
Hi, I’m still having headache filling up my BE Form. There’s a section D8D where we can get deduction for ‘Faedah Pinjaman Perumahan’. We’ve bought a house but it was under construction and we only have to start paying the installment s and interests upon completion, can I still get this D8D deduction?
If yes, how do I calculate how much deduction to write for section (since we’re not paying for it yet)?
As per its condition, the S&P must be signed in between 2009 till 31 December 2010. If we can only get the deduction after we started our installment which will be in 2010 income tax submission instead (house to be complete end of 2010), I’m worried the required S&P signed date will become 2010 till 31 Dec 2011. Then our deduction will not be valid anymore because the S&P was signed in 2009!
One of the requirements is for S&P signed between 10Mac 2009 and 31 Dec2010. Therefore according to the info you provided ,you are eligible for relief for 3 years- 2009, 2010 & 2011
The relief is for interest incurred . If you have not being charged any interest yet that means you have NIL to claim for 2009. You are still eligible for interest paid in 2010 & 2011 if there's interest paid.
Added on April 13, 2010, 12:13 amQUOTE(simplesmile @ Apr 11 2010, 06:51 PM)
Tolak : Jumlah tolakan/pelepasan cukai
(Pelepasan cukai seksyen
132 & 133 terhad kepada jumlah cukai yang dikenakan)
Less : Total tax deduction/relief (Section 132 & 133 tax relief restricted to total tax charged)
I do e-filing. I key in the Gross Dividend received, and the tax deducted from this Dividend. Funny thing is, this tax deducted appear under the line "Section 132 & 133". I thought it should appear under section 110? A search from the internet revealed that S 132 & 133 is related to Double Taxation. Is there something wrong with the e-filing?
Look at the form again carefully. It does not appear in the Sek 132/133 column. It appears in the tax deduction under Sec 51 Finance Act 2007 column. as it should be.
Company dividends no longer appear under section 110 effective 2008.
This post has been edited by penangmee: Apr 13 2010, 12:13 AM