Accounting Wonderland

Monday, October 4, 2010

S113 (2) Income Tax Penalty

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(1) Introduction S113 (2) of Income Tax 1967 has been under the limelight of SME Malaysia with the introduction of tax audit with effect f...
Thursday, December 31, 2009

Real Property Gains Tax Exemption

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The Honourable Prime Minister had announced that with effect from 1 January 2010, chargeable gains from the disposal of real properties whic...
Saturday, October 24, 2009

Budget 2010 - Personal Relief

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The Budget 2010 announced on 23 October 2009 proposes for increment of personal relief from RM8,000 to RM9,000 is a welcome measure as the M...
Friday, October 16, 2009

Closure, Strike Off or Winding Up of a Sdn. Bhd.

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Businessman are keen to know the procedures, time required and costs involved in setting up a Sdn. Bhd. in Malaysia. However, as a well orga...
Friday, September 4, 2009

Professional Indemnity Insurance

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PR3.2009

Perquisites from Employment

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PR1.2006 (A3) Perquisites From Employment
Saturday, July 18, 2009

Tax Treatment of Directors' Fee and Bonus

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Referring to Section 25 (2A) of the Income Tax Act 1967, bonus and directors' fee paid to employees or directors respectively are taxed ...
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