NEW
Font size
WorksheetsMalaysian Taxation : Other Income
Total questions: 20
Worksheet time: 10mins
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
The exemption value for Para 32A Royalty: translation of books or literary works is __________ .
RM 10,000
RM 12,000
RM 20,000
A one off payment, given by the tenant for the granting of lease consideration is best defined for ____________ .
Royalties
Interest
Premium
Annuities
The deduction made from the amount of a bill of exchange or promissory note is best explained __________ .
Royalty
Discount
Premium
Annuities
Repair leaking pipes will be best allocated under section ________ .
Section 4(c)
Section 4(d)
Section 4(e)
Section 4(f)
Interest from savings in Tabung Haji will be best allocated under section ________ .
Section 4(c)
Section 4(d)
Section 4(e)
Section 4(f)
Dividend received from Amanah Saham Wawasan is best allocated under section ____________ .
Section 4(c)
Section 4(d)
Section 4(e)
Section 4(f)
Shasha is an engineer in a multinational company. Payment received by her as part time lecturer will be best allocated under section __________ .
Section 4(c)
Section 4(d)
Section 4(e)
Section 4(f)
Income such as alimony payments, received from a husband to ex-wife in a divorce situation will be allocated under ___________ .
Section 4(c)
Section 4(d)
Section 4(e)
Section 4(f)
Income received under annuity contracts issued by Malaysian Life Insurance will be allocated under section _____________ .
Section 4(c)
Section 4(d)
Section 4(e)
Section 4(f)
Which statement is incorrect?
Pension received by injured soldiers will be exempted.
If a person receive more than one pension, the lowest pension received will be exempted.
Pension paid to widows and children will be exempted.
Pension received by Air Force Volunteer Reserve will be exempted.
