Apr
23

Personal Reliefs in income tax

Whether you  are foreigner or Malaysia citizen , every income derive from Malaysia are taxable under section 7 ,  income tax act 1967. The tax rate are vary depend on your resident status .In general government are sharing our profit without risk .  So every one is try to run away from paying tax.  Is legally and to avoiding tax but not legally to evading tax  . So we need to be a smart taxpayer ...
Apr
20

It's any tax relift for Non-resident Individual?

According Malaysia income  tax act 1967, foreigner is entitled to any personal relief in tax payment .Non resident is liable to 30% direct tax .However , Non-resident employee who work in malaysia for less then 60days in calender year are exempted for tax . Beside this, those non-resident are entitle to claim tax rebate for selected item as show below : (a) Special classes of income  ...
Apr
16

Foreign Income tax

Mr.Siau is a business man and he is Malaysian citizen .Mr.Siau have business in both country , which is Malaysia and Indonesia . He receive income form both country which is Malaysia and Indonesia. Discuss Whether a not Mr.Siau entitle to the income from both country . In the case whether Mr.Siau entitil to the tax for source from both county.According to the Income Tax Act 1967.Foreign source remitted into Malaysia ...
Apr
13

Fire insurance

Mr tong insures his shop against fire for Rm1000,000 in 1 may year 2010 with ING insurance berhad .During the time Mr tong purchase the insurance, the insurer ask for the purpose of the shop, Mr tong said the shop is for selling flower . In fact the behind the shop is rent for the used of car workshop. On 3 Oct 2010 the Mr Tong  shop is on fire . In this incident , whether a not Mr tong still entitle for the compensation ...
Apr
7

Life insurance

Mr Chan buy life  insurance on April 2008, during the time he buy the insurance , insurer ask Mr Chan whether he is health and he is non smoker and non- alcoholic ? He answer he is non-smoker and non-alcoholic .In 2 month later  , Mr Chan become a smoker and after he bought the insurance due to the failure in business . After  4 month Mr Chan involve  in car accident and dead  . In this case ...
Apr
3

What is Uberrimae fidei means ?

The word Uberrimae fidei is souce from latin  , it carry the same meaning as " utmost good faith" . Principle of  Uberrimae fidei always apply under the law of contract (especially in insurance) in the case  of one party is under a fundamental duty to disclose all the material fact and surrounding circumstances that could influence the decision of the other party to enter into the agreement .This because ...
Mar
23

SAGO

Ye keat  want to upgrade he laptop to Sony one.So he plan to sell he old laptop to replace to new one . Ye keat put an advertising on Mudah .com as " HP laptop core 2 duo 1.67ghz for sale " . After 1 week ye keat receive a call from Ali who interested to the hp laptop. Ali is stay in Kedah but Ye keat stay in kl, so the process done by postlaju . In the next day Ali receive the laptop , he found that the brand ...
Mar
19

Doctrine of Corporate Legal Entity

Dr.Lim start up the Clinic business in 2005, the business is grow up due to the good services provide by this clinic . At 2007, Dr.Lim own the Hospital Tawaka due to the extension of his business .Giving the name of hospital as Tawaka Behad . Unfortunately , at the year 2008 Dr.Lim attack from stroke , and doctor  advise him to retire and have more rent in the house . Due he health problem and the case Dr.lim ...
Mar
6

Lifting of corporate Veil

Mr David and Mr CK are best friends . In year 2006 there start up the fruit import business . The business is going well when the get a contract to supply fruit to tesco  .  Without the knowledge of CK, Mr David try to make some secret profit by allocated some share in stock market  using the capital  of company . Unfortunately crisis happen in year 2007 and Mr David loss all the share . At the same ...
Mar
5

What is Memorandum and Articles of association ?

Memorandum and Articles of association are primary legal document of a company ,by which company will conduct daily business , however this  the content which of which must not infringe or over-ride any of the previous and requirement of the company act 1965 . The contents of the Memorandum and Articles include : The name of the company (which must end with the words “Sendirian Berhad” if it is a private ...
Feb
19

Big Sale !!

One day , jaw saw a banner hanging in front of cassette outlet in alamanda which reads :"BIG SALE!, LATEST TOO PHAT"S ALBUM IS FOR GRAB WITH 50% DISCOUNT ! LIMITED STOCK !HURRY !"After reading it jaw immediately run into the outlet and said she want the album at the said discount price . unfortunately the shop owner said the cassette is now sold at normal price .Can jaw sue the shop owner for breach of contract ? In ...
Feb
13

Wei and Cashier dispute

Wei and Chong went supermarket one day to buy some glossary . In the supermarket Wei looked at the good which on display and decided to purchase 3 bottles face creams which were on offer . She took the bottles to counter and paid for it .As they leaving the supermarket , the cashier come up and told them they have to return the good . In this case whether a not Wei return the bottles to cashier ? For my own opinion ...
Feb
12

What is Marital Rape ? Its legally recognized in Malaysia ?

Marital Rape means husband rape wife . Traditional it consider no legally possible for the husband to rape wife unless the "wife " is minor or under age . It believe that marriage is a consent to sexual intercourse and cannot be revoked by any party. So marriage license is simply call "license to RAPE " .In fact Marital Rape is not recognize in Malaysia Law . According  Muslim , Quran say that wife duty is to submit ...
Feb
7

How you define RAPE?

 (Malaysian J Path01 2002; 24(1) : 9 - 14) Rape is dealt under section  375 of the malaysia penal code . According to this section , man its said commit to "rape " who have sexual intercourse with woman under the following circumstances: Against her will   without her consent  With her consent, when her consent has been obtained by putting her in fear of death or hurt to herself or any other ...
Feb
6

ISA Malaysia Should Abolish ?

Many Malaysia doubt that ISA in is a necessary evil? whether a not ISA Malaysia Should be Abolish? The Internal Security Act 1960 (ISA) ( Akta Keselamatan Dalam Negeri) is a preventive detention law in force in Malaysia . This  legislation was enacted after Malaysia gained independence from Britain in 1957. The ISA allows for detention without trial or criminal charges under limited, legally defined circumstances.(source ...
Feb
5

Definition of Caveat emptor

The word Caveat emptor is  Latin word , it means buyer beware . This word warn the  buyer to be aware of all the good because high change the product  purchase are either defective or unsuitable to his or her needs.  Especially apply  to items that are not covered under a strict warranty.The rule of Caveat emptor is specially designed to shield buyer due to the fact that there are  ...
Jan
30

Unregistered company and fake passport

Geena run unregistered online investment portal.from her home in KL she manage to get people to deposit money to her account . After all she was discovered to scam money and she attempted to flee with the money but arrested  in airport because she held fake passport .  In this case , geena liable under criminal law , this because having a fake passport and attempt to scam money from unregistered portal is ...
Jan
28

What Do You Think ?

Ali driving his car home in kl, on the way ali call and talk with his wife without the used of hands- free .While talking , he lost control over his car and eventually hit a walking pedestrian. - Is Ali liable under civil or criminal law ?-Should this case go to court, what will be Ali right ?-What should the pedestrian do to recover his injuries / loss ? In my own opinion , car accident is a crime . So Ali is liable ...