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 LHDN property type, LHDN categorize condo as "perniagaan"

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e-lite
post Dec 14 2018, 10:16 PM

On my way
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Joined: Oct 2006


QUOTE(RockHEad28 @ Dec 10 2018, 08:21 PM)
Hi sifus,

I recently bought a unit at Sunway Ridzuan condo, and was made to understand this is considered as a Residential property.
Since this is my first property, My stamp duty is exempted of up to RM5,000. SPA & Loan agreement all signed and lawyer fees paid already (which deduct RM5,000 stamp duty).

Now my lawyer say LHDN have categorize the condo as "kediaman Dan perniagaan", hence am no longer entitled for RM5,000 waiver. Reason is LHDN thinks the place is full of rental units so it should be a "business", which is ridiculous in my opinion since that is a condo.

Any advise on how to overcome that? The lawyer say die die have to pay, and my next house can still waive the RM5,000. Is it true?
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I think this is bunch of bull ass. Should ask your lawyer to appeal as this is residential title. The perniagaan is for the shops downstairs

 

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