e-BE 2011 need to be submitted by 30 April 2012

Claim for epf? Means u are a biz owner where u pay epf for ur employees?

if u do e-filing, it's extended to 15 may 2012

Some say it's not automatic extension BUT allowed to request for extension.
Best to clarify with IRB... why procastinate to submit ?

heard that the extension not for all case & all people,

Is there such thing that when you have certain amount of fixed deposit, you will be taxed? ie. under C3 Faedah dan diskaun.

sos from the horses mouth http://www.hasil.org.my/pdf/pdfam/ProgramM...BNCP_2012_2.pdf

1.2 Grace Period For Submission Of ITRF Via:
A) e-Filing
i. ITRF furnished via e-Filing after the due date for
submission of the form shall be deemed to be received
within the stipulated period if the form is received within
15 days after the due date for submission of the form.
ii. For failure to furnish within the allowable period, penalty
can be imposed under subsection 112(3) of the Income
Tax Act 1967 (ITA 1967) based on the due date for
submission of the ITRF.
Example:
The due date for submission of Form BE for Year of
Assessment 2011 is 30 April 2012. The grace period for
e-Filing of Form BE for Year of Assessment 2011 is given
until 15 May 2012. If a taxpayer furnished his Form BE for
Year of Assessment 2011 via e-Filing on 16 May 2012,
the receipt of his ITRF shall be considered late as from 1
May 2012 and penalty under subsection 112(3) of ITA
1967 shall be imposed.

this is so true

i just got my EA form yesterday, and in the process of filing my returns

the extension is just another MALAYSIA BOLEH thingy since many ppl complain the server is jammed on 29 - 30 april. now, ppl will complain the server will be jammed on 14 - 15 may instead...

Typical Malaysian just love to wait till last minute to submit e-BE ... Either way you have to PAY.
When IRB server jams up, put the blame on IRB (or Govt).... Remember the "tortoise and hare story"

Recieved feedback email from LHDN :

From: CallCentre [mailto:callcentre@hasil.gov.my]
Sent: Saturday, March 17, 2012 10:37 AM
Subject: RE: Rebate pembelian komputer [T2012031500DAS010Z1493098]

Salam sejahtera,

1. Pembelian itu terhad kepada satu unit komputer sahaja.

2. Hanya komputer tablet yang tidak mempunyai ciri-ciri telefon ( iaitu
boleh membuat dan menerima panggilan) sahaja dibenarkan tuntut pelepasan
cukai di bawah pembelian komputer.
Contohnya Ipad dibenarkan tetapi Galaxytab tidak dibenarkan kerana ia
berfungsi sebagai telefon juga.

Sekian dimaklumkan.

galaxy tab 10.1 dengan stock rom dibenarkan kerana model 3g nya tidak mempunyai ciri-ciri telefon
gsm stack-nys tidak mempunyai fungsi pangilan (walaupun bluetooth), sms, mms dan lain lain.

hi all,

1) will P1 provide such statement also?
2) is my monthly bills enough to prove my broadband usage??

Penalties are very heavy for late filing. These are the new rulings on penalties implemented since about middle of last year. It's 20% of the tax payable (I think it's crazy, so do it early). Another new ruling just came by is if the the tax return is filled incorrectly , the tax form will be returned to you and deemed as not filed and you run the risk of having filed the tax return late.

http://www.ga.com.my/ga/wp-content/uploads...ing-Penalty.pdf


So don't 'play play' with this.

This post has been edited by tchtax: Apr 3 2012, 12:58 PM

What book you buy 1000 each year?

book relief MAX is Rm1000, not RM500...

whatever books that suit your fancy - as long as it's not illegal materials, newspapers or junk stuff (entertainment mags or comics not allowed)

i read a lot - even online subscription to elsevier is deductible.

that was in 2006 my dear... you quoted my 6-year old reply ... many things have changed. every year we have some new amendments to the tax return filing

Dear all,

Please help..

1. Buy medicines from pharmacy (parents) can claim deduction?
2. Tab 10.1 and Transformer Prime can claim deduction?
3. What is the condition to claim house loan interest?

Thanks.

Number 3, as below:
Subsidised interest for housing, education or car loan is fully exempted from tax if the total amount of loan taken in aggregate does not exceed RM300,000. If the total amount of loan exceeds RM300,000, the amount of subsidized interest to be exempted from tax is limited in accordance with the following formula:

An amount limited to a maximum of RM10,000 is deductible for each basis year for a period of three consecutive years of assessment beginning from the date in which the interest is first expended.
Conditions for eligibility:
(i) an individual who is a citizen and resident;
(ii) the purchase of the residential property is limited to one unit only;
(iii) the Sale and Purchase Agreement has been executed from 10 March 2009 to 31 December 2010; and
(iv) that residential property must not be rented out
Where:
(a) 2 or more individuals are each entitled to claim deduction in respect of the same residential property; and
(b) the total amount of interest expended by those individuals exceed

what is the name of the table that show the %age of tax payable?

Thanks Danny! So if for example loan RM500k under two name also consider exceed RM300k right? Its not RM250k per person right?

Anyone can help on number 1 and 2?

Thank you.