Hi All..
as we know, there's a deduction for interest paid for the housing loan*.
For islamic loan, how do you calculate the interest paid for that year? If I'm not mistaken, the statement is different that conventional loan, in the yearly, there's no specific statement that tells how much interest has been paid.



*of course according to term & condition..

Hi Guys, I hope I can get clarification here.

I'm entitled to deduct my housing loan interest.. or "Faedah Pinjaman Perumahan" (because I signed the S&P within that stated period and fulfill all other conditions).

However, since I'm using islamic loan, there's no such term
as loan interest. In my annual statement, it states as
principal paid and profit charged.

So, is profit charged = housing loan interest?

Tq

iPad is still questionable.. there's a forumer got reply from lhdn that says ipad is not tax-deductable.
but some blogs says its deductable.. Here's the discussion on ipad
http://forum.lowyat.net/topic/371316/+820

Thanks.. I never know about this.. Is this new thing, or it has been there for years already?
Anyway, I'm also wanna know the same thing. what is baki awal? <- already answered above.







This post has been edited by zeese: Mar 25 2011, 03:08 PM

most likely you won't have to pay any taxes unless your salary is like rm6k above per month..
No expected taxes doesn't mean you don't have to file the income tax.
But if you don't file the income tax, IRB can chase you for failing to declare your income.. but
it is not likely they do so for someone who (after calculation) got nothing to pay (tax)..

You can use your camera, capture clearly the front and back of your card.. so, you can submit in .jpg format..

most people do but there's always some unfortunate people exist like me.. Each year I always entitled for refund
for a few hundreds.. it's been years but I never received anything.. A few weeks ago, I just noticed about
e-lejar, and found out that my refund already reach 1.5K ++.. that's the accumulative refund over few years..

You should ask your HR, which university he/she graduated from...
As a person with diploma/degree in HR, he/she should know better ...

I think, the rest of the bill is no more related to internet. It just a list of phone numbers that you made a call.
1st page should be sufficient..