how to calculate balancing charge lhdn
Increment and Reduction in income tax. Capital allowances consist of an initial allowance IA and annual allowance AA. Pdf 2013 10th World Congress At Bangkok Thailand This Conference Was Held At The King Mongkut S Institute Of Technology At Ladkrabang Thailand And Was Attended By More Than 300 Local And IA is fixed at the rate of 20 based on the original cost of the asset at the time when the capital was obtained. . Income Tax Act 1967 Schedule 3 stated clearly that the maximum qualifying expenditure for a private vehicle not licensed on a commercial basis is RM50000 RM100000 if the purchased vehicle is a new vehicle and its value is less than RM150000 this is why everybody believe register private vehicle under.