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Financial Declaring rental income for the first time, Income tax

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leodinouknow
post Nov 12 2019, 10:55 PM

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i go LHDN they ask me go home sleep and dont entertain me at all. ask why i kepo go declare. ask me wait get letter then only come declare
leodinouknow
post Nov 16 2019, 10:21 AM

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QUOTE(Clueless07 @ Nov 13 2019, 04:58 PM)
well... the officer at the counter or over the phone lazy to layan you coz they lazy

but later another enforcement officer come to you, he wont care about the how you were treated when making clarifications last time.
to be fair... anyone can cook up a story and say  "last time i go counter check the officer says no need)

correct?

am told if there is loan agreement are send for stamping.
it is easy place for LHDN to check there- they definately have access
The question now is

Can the property interest used to deduct the rental income. ?

the 2nd question....
the property and loan is under my wife name... so she is payment the installment and rental

the tenancy agreement is under my name, i collect the rental and pass to her.....
not sure if i could still deduct the loan interest

bangwall.gif
din realize this issue at first. KNS
*
you are not wrong, but im not wrong either. this is malaysia bro. the f**king law of malaysia.

the problem is not either need or no need declare at LHDN. problem is i say i willing self declare first to avoid problem in future but they dont give me do it.

got question them if other department come find me claim im trying run from tax in future how i settle, they answer is wait them lo. if fine then pay fine lohh. you coming today to LHDN we cant do anything also. just make sure when the letter come dont late to avoid fine.

there is no option for self declare at all. maybe different state got different way, this i dont know

This post has been edited by leodinouknow: Nov 16 2019, 10:26 AM

 

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