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Personal relief Income tax, legally, reduce income tax
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jusTinMM
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Apr 27 2009, 09:40 AM
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QUOTE(ronnie @ Apr 25 2009, 09:34 PM) all tax-exempted allowances NO NEED to put in e-BE form ... why everyone thinks these figure need to be shown ? It's only in Section G of the EA form for references only. Your total salary should be deducted accordingly from the allowances but our company finance department ask us to deduct the amount of Section G from the total income..????
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jusTinMM
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Jul 13 2011, 11:20 AM
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This year I invested in a business and become a sleeping partner. My name is registered as partnership in the business. However, I'm still working in a company and every month my salary is deducted for the PCB. As I know I need to submit my tax with business income. Do I need to inform LHDN about this? Cause next year I will submit my income tax at June. I afraid LHDN assume that I'm not reporting my income as usually as I submit at april.
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