Where can I find circular on disposal of assets and the definition ofan asset? What is the value that should be treated as capital property?

 

 
Information on the definition and disposal of movable assets can be found in Treasury Circular Bil.5 Year 2007. Circulars are available from the Treasury website. Capital assets are: -
  (a) The moveable assets with the original acquisition price of RM1,000 and above;
  (b) movable assets that require scheduled maintenance, regardless of the original acquisition price. This scheduled maintenance refers to assets that require maintenance as provided in the manual / user manual.