Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Will LHDN put me into trouble?

views
     
Notoriez
post Feb 10 2008, 12:16 PM

I am Notty and Notorious !!!
*******
Senior Member
2,499 posts

Joined: Apr 2005
From: Tyneside


QUOTE(viruz @ Feb 10 2008, 11:59 AM)
Hi:

I am initially looking to buy a house with budget around RM300k with 90% loan from bank I am just nice to qualified.

Now my Relative from Thailand, wanted to sponsor me about 50% of the cost, but she wanted me to buy a bungalow instead of normal linked or semi-D, and the bungalow in my area are selling at RM500k and above...ok...even at RM600k, with his 50% sponsor I am still able to secure for a loan...now the problem is...when LHDN come and audit my purchase, will I be in deep trouble because technically speaking with my earning I am not qualified to purchase the house.
*
Try to declare in LHDN that the money comes from your relative wink.gif perhaps can..correct me if i am wrong..

 

Change to:
| Lo-Fi Version
0.0158sec    0.91    6 queries    GZIP Disabled
Time is now: 17th December 2025 - 10:28 PM