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 Income Tax Issues v2

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DM3
post Mar 15 2012, 02:38 PM

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QUOTE(ronnie @ Mar 15 2012, 02:32 PM)
Just completed my e-Filling... I'm no. 130xxx (30k more than last year on the same submission date).

Where can I pay my taxes due using Credit Card ?
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wah so early submited? i only worried they have more time as less files to go through and can be more attentive to the tax exemptions ethc tongue.gif
DM3
post Mar 19 2012, 01:01 PM

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new system will tell if u bought computer 3 yrs back and the blank columns cant be key in amount .

DM3
post Mar 19 2012, 01:57 PM

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QUOTE(heizad @ Mar 19 2012, 01:06 PM)
mine one still can..lol..but didn't put anything tho..hehe
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funny thing is i last bought 2 yrs ago but still can claim (as can key in also)
DM3
post Mar 23 2012, 03:51 PM

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what's deferred annuity ?
claim medical for parents only and not in-laws right?
DM3
post Mar 23 2012, 05:06 PM

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thanks Cut boboi.

besides that i realize that for cukai seksyen 110 is for interest etc from amanah etc, is valid for all amanah also?
DM3
post Mar 23 2012, 09:13 PM

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i tried playing around with the dividents frm ASM/W etc, can get better overall rebates at the end tongue.gif
DM3
post Mar 24 2012, 12:23 AM

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QUOTE(MGM @ Mar 23 2012, 10:30 PM)
Amanah Saham 1Malaysia (AS1M)Amanah Saham 1Malaysia was launched on 31 July 2009 by sixth Malaysian Prime Minister, Najib Tun Razak with a fund size of 10 Billion. AS1M is open to all Malaysian citizen with a quota of 50% for Bumiputera, 30% Chinese, 15% Indian and 5% others. AS1M has no upper limit on the value of an account, so capital gains which are retained in the account are allowed. Capital gains in AS1M accounts are not subject to taxes until 2019. Dividends are paid each year and put back into the account so that compounding is achieved.


Added on March 23, 2012, 10:33 pm

You mean you are going to declare your ASM/ASW dividends as your taxable income?
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well u try put a figure at the income column and the rebate/cukai 110 (same figure) u somehow get overall more deductions.
DM3
post Mar 27 2012, 02:32 PM

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QUOTE(ronnie @ Mar 27 2012, 01:57 PM)
But payment at the LHDN counter need to be made before 30 April 2012, right ?
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yea, hard copy still follow 30/4 dateline, they wanna encourage e-filing
DM3
post Apr 9 2012, 09:10 AM

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will Lhdn inform through letter on the overpaid tax? since now i heard its bank in directly
DM3
post Apr 18 2012, 08:02 AM

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QUOTE(goliath @ Apr 17 2012, 09:26 PM)
Has anybody got back their refunds? I filed at the end of last month and there's still no news from them.
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same here not yet, should be soon i think, those filed it earlier in march got it within 2 weeks but later more people files it so thats why more for them to compute it probably
DM3
post Apr 25 2012, 09:08 AM

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just got my refund yesterday but from figure they give short of 40sen from the actual stated tongue.gif

And yes as mentioned earlier this year payment directly to bank account and not cheque.


DM3
post Apr 25 2012, 09:21 AM

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QUOTE(dannyw @ Apr 25 2012, 09:17 AM)
Mind to share the amount range of the refund?

Because I notice if my refund is about rm200 or below, get it within few weeks. However, my last year refund almost 1k, took me more than 6mth to get it back..... sweat.gif

Wonder how about this year.
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i got back around 2.5k biggrin.gif
DM3
post Apr 25 2012, 09:37 AM

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QUOTE(prophetjul @ Apr 25 2012, 09:27 AM)
You should complain.....imagine someone pocket the 40 cents from all the accounts....
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ya i will wait for the letter and later get back at them smile.gif
DM3
post Apr 25 2012, 11:02 AM

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QUOTE(dannyw @ Apr 25 2012, 09:32 AM)
Ya, about 1k I guess they will check more details. Mine too, last year after few months only ask for supporting document. Mostly is housing loan interest, else wont be that huge amount.

If this year they still ask for housing loan document, guess i will make a complain. Don't tell me every year I have to sent you the same document? And what is the purpose of using e-filling then? Might as well I go to branch, let them copy what ever document they want, so that no need wait for 3~4 mths only ask for document and another few mths to prepared the cheque...


Added on April 25, 2012, 9:33 am
Receive the payment already?
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ya got it yesterday after bout 3weeks+
DM3
post Jul 3 2012, 02:48 PM

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anyone got called to declare receipts/documents as evidence?
DM3
post Jul 3 2012, 05:19 PM

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yea if no receipt for some items, any penalty?


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