INCOME FROM LETTING OF REAL PROPERTY
(Translation from the original Bahasa Malaysia text )

1. This Ruling considers:

1.1 the treatment of rent as a non-business source of income under section 4(d) of the Income Tax Act 1967 (the Act);

1.2 the situations or circumstances where rent or income from the letting of property can be treated as business income of a person under section 4(a) of the Act; and

1.3 how all properties of a person are to be grouped in several categories in computing the statutory income under section 4(d) of the Act. (more…)