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 Income Tax Issues v4, Scope: e-BE and eB only

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danieljaya
post Apr 20 2017, 07:51 AM

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QUOTE(cain5300 @ Apr 20 2017, 02:02 AM)
hi guys, can i ask what should i fill under the
REBAT / TOLAKAN CUKAI / PELEPASAN CUKAI section?
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You may refer to this https://www.facebook.com/MalaysiaTaxation/p...185864424846220



This post has been edited by danieljaya: Apr 20 2017, 07:53 AM
danieljaya
post Apr 22 2017, 12:53 PM

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QUOTE(roimekoi @ Apr 21 2017, 11:03 PM)
sorry first time do efilling...
total income part ..
is it jumlah+ socso + epf?
i dont have other source of income other than that...
also dont have deduction.
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Total of your gross income. as refer to your Form EAs.
danieljaya
post Apr 23 2017, 11:00 AM

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QUOTE(linuss @ Apr 22 2017, 07:59 PM)
Hey guys, need help here.

I was a salary earner back in 2016, and during mid of the year, I switched to become full time agent earning commission. I have both EA form & CP58 this year.

May I know I should fill in Form B/Form BE? Kindly advice.

Thank you in advance to all sifus
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Are you running a business as a full time agent ?
danieljaya
post Apr 23 2017, 11:01 AM

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QUOTE(RickJames09 @ Apr 23 2017, 08:27 AM)
thanks mate smile.gif
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The relief now increase to RM7K already.
danieljaya
post Apr 23 2017, 07:24 PM

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QUOTE(tifosi @ Apr 23 2017, 01:17 PM)
Would like some advise here.

For example, my loan is 2.2K (1.5K goes to interest, 700 goes to principle amount).

Rental yield is 1.8K and maintenance fees is 300. So the nett income is 0. Should I just skip the rental income declaration part?
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Yes, of course you can.

Please keep those supporting documents in files.
danieljaya
post Apr 23 2017, 07:26 PM

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QUOTE(T231H @ Apr 23 2017, 12:25 PM)
I googled and found this too....
Tax Relief for Resident Individual
(see the applicable year......)
http://www.hasil.org.my/bt_goindex.php?bt_...sequ=1&bt_lgv=2
the TnC abt the SnP is there....

what do you think?
Houses bought after 2010 can still claim?
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Only those S&P executed between 10.3.2009 - 31.12.2010 is eligible.
danieljaya
post Apr 24 2017, 11:13 AM

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QUOTE(konchesky @ Apr 23 2017, 10:23 PM)
can I offset loss on rental income against employment income?
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Current year business losses can offset against employment income
danieljaya
post Apr 25 2017, 11:39 AM

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QUOTE(konchesky @ Apr 24 2017, 06:32 PM)
How to define as business? If rental is to be treated under Section 4(d) of the Income Tax Act (non-business source), does it mean I cannot offset against employment income?
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Letting of real property is deemed as a business source and the income received from it is charged to tax under paragraph 4(a) of the ITA if maintenance services or support services are provided in relation to the real property. ( you may refer to this link http://lampiran.hasil.gov.my/pdf/pdfam/PR4_2011.pdf )
danieljaya
post Apr 26 2017, 06:09 PM

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QUOTE(MUM @ Apr 25 2017, 11:52 AM)
so, if he rent out his "condo" which includes, security and facilities...does it mean business income?

if it is not treated as a business income, then "konchesky" questions to you is still not answered?
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If all theses is done passively then does not constitute a business income.

"konchesky" questions is ?
danieljaya
post Apr 28 2017, 07:46 AM

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QUOTE(rekeyz @ Jun 27 2015, 10:50 AM)
hi guys..newbie in this section..have question here..last few days,receive the lhdn letter for my father's income tax number..never receive this kind of stuff  before since my father working abroad..need advise from sifu here..
thnx in advance.
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Most probably your father receive other from malaysia
danieljaya
post Apr 28 2017, 10:34 PM

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QUOTE(goatbernard @ Apr 25 2017, 02:25 PM)
If my wife does not work, i submit income tax under category of spouse no working then do i need to submit income tax for my wife?
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No need.

BTW, your wife got tax file number before?
danieljaya
post Apr 28 2017, 10:35 PM

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QUOTE(gsem984 @ Apr 28 2017, 12:55 PM)
Dear all sifu,

i am getting salary from my own company. But I also have 'business income' such as professional fee to certain area.

So does it mean I do not have to file personal tax which due date is 30/4, and only need to file once before 30/6?

please enlighten me. thank oyu.
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Yes. business income and you need submit form b by 30/6 manual filing, 15/7 efiling
danieljaya
post Apr 30 2017, 09:47 AM

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QUOTE(nicholastze85 @ Apr 29 2017, 12:53 PM)
Sila maklum bahawa bayaran balik cukai terlebih bayar / pembayaran balik lebihan kredit tuan telah dibatalkan oleh bank tuan iaitu BANK SIMPANAN NASIONAL pada 20/04/2017.

Sekiranya terdapat sebarang pertanyaan, sila hubungi Cawangan LHDNM yang berdekatan.

i received this email

What is it about . pls help
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Please check the bank details you filled up in the form.

Btw, you have to call lhdn 03 6209 1000 unit bayaran balik individual
danieljaya
post May 2 2017, 09:58 AM

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QUOTE(linuss @ Apr 26 2017, 03:30 PM)
I don't have own company under my name, commission issued under agency. Pls advice.
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Any CP58 issued ?
danieljaya
post Jun 7 2017, 07:57 AM

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QUOTE(waitheng @ May 25 2017, 08:47 PM)
Hi, I have a question on the late delivery of vacant possession.
Let say a company received compensation due to the late delivery of vacant possession from developer. Is that compensation received subject to income tax.
Thanks.
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It is compute when calculating RPGT gain later.

 

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