Do the investment returns need to be filed for taxation

Modified on Mon, 05 Dec 2022 at 09:58 PM

The returns gained from PeerPower does not need to be combined with the investor's income given it has been tax deducted (P.N.D. 2).. Under this condition, (P.N.D. 2), the investor as a receiver of income has an obligation to pay tax under section 40 (4) kor which covers income from bond interests and crowdfunding bond interests and bills.

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