Hi, can some sifu here explain to me what is the meaning for the answers? Thanks in advance

Question:- Do I need to declare profit from buying and selling shares as an income?

Answer:-
Whether the profit from buying and selling of shares is regarded as a taxable income would depend on the facts and circumstances of the case. If the transaction can be demonstrated as a realisation of a capital investment, it can then be regarded as a capital gain not subject to income tax. On the other hand, if the transaction is derived from an adventure in the nature of a trade, then the profit from buying and selling of shares would then be seen as a revenue gain subject to income tax.

Hi,

"MANFAAT YANG DIKECUALIKAN CUKAI" in section G EA form, if I have a fixed petrol allowance of RM6000 p.a and phone allowance of RM1,800 p.a, can these entire amount declare in section G (as my HR is not sure whether can put into this section)

If yes, do I need to provide supporting receipts? Thanks

Hi,

I would like to ask anybody face this problem before?
I never register for taxation before. Then I plan to declare this year for previous year 1, then today I want to register but I check it said I already got account. Got any help here?

Here is the message.

Nombor Cukai Pendapatan Bagi No. Kad Pengenalan Baru ************ Telah Didaftarkan Di Lembaga Hasil Dalam Negeri Malaysia.

Thanks

Your company HR needs to specify that amount in the EA form.

Read the details under the BIK to understand type of allowances can be included for BIK with allotted max amount.

Details: http://www.hasil.gov.my/pdf/pdfam/PR3_2013.pdf (page 19-20 under 9.2.10. Benefits and monthly bills for fixed line telephone, mobile phone, pager, personal digital assistant (PDA) and subscription of broadband)

if claim like mileage....etc

appear in the payslip....

is it have to pay tax also?

I'm fresh graduated with few months of working in 2013, my total income in 2013 will exemption from paying for income tax. Should i still need to fill in the income tax Online Form?

Sorry for interruption ,I would like to ask a question regarding company tax.As I know that form 2014 onwards ,any loan from a company to the director will be charged with a certain amount of interest which known as "deemed director loan " if not mistaken .Does anyone know that what is the interest rate to be used as calculation ? I read from the lhdn website stated that  the interest rate charged is based on "average lending rate (ALR)" .Actually wat is means by average lending rate ? Thanks for help

Hi guys, want to know if there is any charges as I have not declared my income tax almost 3 years now but my company has always been doing the taxation for me on a monthly basis.

Thanks for the feedback but do you know roughly how much?

Does it apply to this year's tax?

Hi there, I want to ask the income tax relief receipt must be original or photostat copy enough already. Thank you very much.

Hey bro, just an update, i asked the LDHN staff but they insisted that there is no such relief for year 2015. They asked me to inform them the name of the publisher of the book.

Just for the benefit of others, i will continue discussing this in public.

Thanks.

sports shoes can claim ?where u guys get the definition of what can be claim under sports?

is it possible to declare rental income without stamped tenancy agreement?

Hi Guys, for the donation we make, how we ensure it is registered and can have tax rebate??

thank you

Interesting point on tax free allowance,so mthly travelling allowance should be exempted frm tax right?