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1. Definition of a partnership; 2. The format used to arrive at the divisible income of a partnership; 3. Treatment of partnership losses; 4. Treatment

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1. Definition of a partnership; 2. The format used to arrive at the divisible income of a partnership; 3. Treatment of partnership losses; 4. Treatment of capital allowance of a partnership; 5. Others relevant aspects related to a partnership. Use example(s) which can demonstrate your understanding of the various sub-topics

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