Malaysian Taxation : Other Income

Which section is not related with income for individual?

• Section 4(a)

• Section 13(b)

• Section 7(1)c

• Section 4(d)

Which income is not under Section 4(c)?

• Dividends

• Annuities

• Interest

• Discounts

Which income is not under Section 4(d)?

• Rent

• Royalties

• Pension

• Premiums

Which income is not under Section 4(e)?

• Other profits

• Pensions

• Annuities

• Other periodical payments

Which income is not exempted?

• Dividend

• Interest from CIMB Bank

• Pension for retired army

• Discount

Rental income is assessed under Section 4(d) on a calendar year basis.

• Yes

• No

Rental income may be assessed under Section 4(a) if the taxpayer is in the business of rental.

• Yes

• No

Allowable expenses for rental income are as follows, except;

• Fire insurance premium

• Interest on loan borrowed

• Advertisement for the first tenant

• Quit rent and assessment

The exemption value for Para 32B Royalty: publication of literary work/ original painting is __________ .

• RM 10,000

• RM 12,000

• RM 20,000

The exemption value for Para 32 Royalty: publication of recording discs or tapes is __________ .

• RM 10,000

• RM 12,000

• RM 20,000