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1. On January 2016, Klasik Lavender Sdn Bhd (KLSB) (accounts ending on 31 December) purchased a 12-storey hotel building costing RM10 million. The hotel business

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1. On January 2016, Klasik Lavender Sdn Bhd (KLSB) (accounts ending on 31 December) purchased a 12-storey hotel building costing RM10 million. The hotel business commenced operations in June 2016 and its management is controlled by the KLSB. The hotel building qualifies an industrial building under the provision of paragraph 37F, Schedule 3 of the ITA. From June 2016 to 2020, KL SB rented the ground floor, the third floor and the fourth floor to outsiders according to the rental period as follows: Year Tenant Floor of building 2016 to 2020 Rayyan Co. 11/2 of the ground floor 2018 to 2020 Jintan Co. 174 of the ground floor Muthu Co. 114 of the ground floor Aura Wellness Spa Co.7 of the third floor Softcare Pharmacy Co.% of the third floor 2020 Naufal Co. Fourth floor You are required to compute the Industrial Building Allowance from the year of assessment 2016 until year of assessment 2020. (Total / Jumlah: 20 )

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