Other Sources of Income

What is the basis period for assessing dividend income according to Section 26?

• 1 July to 30 June

• 1 October to 30 September

• 1 January to 31 December

• 1 April to 31 March

Which of the following is NOT considered an allowable expense for dividend income?

• Personal expenses

• Stamp duty on transfer of shares

• Interest on borrowed funds to purchase shares

• Commission or brokerage fee

What is the withholding tax rate for interest paid to a non-resident person?

• 5%

• 10%

• 15%

• 25%

Which of the following types of income is classified under Section 4(d)?

• Royalty income

• Dividend income

• Rental income

• Interest income

What is the maximum exemption amount for royalty income from the publication of writing books?

• RM 10,000

• RM 12,000

• RM 20,000

• RM 25,000

Which of the following is an exempt interest income for a resident individual?

• Interest from loans taken from friends

• Interest from bonds issued by private companies

• Interest from savings accounts in Bank Simpanan National

• Interest from fixed deposits over 12 months

What is the treatment of rental income received in advance?

• Treated as a liability

• Treated as income for the year it is due

• Treated as income for the year received

• Not treated as income

Which of the following is NOT a condition for rental income to be classified under Section 4(d)?

• The property must be owned by the taxpayer

• The property must be used for personal purposes

• The rental must involve money

• The property must be rented to others

What is the definition of 'premium' in the context of income tax?

• A payment made for the use of property

• A type of investment income

• A sum received for the occupation of premises

• A receipt for consideration of giving away rights under tenancy

Which of the following is considered a miscellaneous income under Section 4(f)?

• Occasional receipts from lectures

• Interest from bank deposits

• Rental income from properties

• Salary from employment