TAX2601 ASSIGNMENT 3 SEMESTER 2 2022
QUESTION 1
For an amount to be deductible in general deduction it should meet the following requirements of
general deduction is defined:
(1) Actually incurred
(2) In the year of assessment
(3) Carrying on trade
(4) Not of capital nature
(5) In the production of income
QUESTION 1
For an amount to be deductible in general deduction it should meet the following requirements of
general deduction is defined:
(1) Actually incurred
(2) In the year of assessment
(3) Carrying on trade
(4) Not of capital nature
(5) In the production of income
