Advanced Taxation Chapter Basis Period

A. Akei Sdn Bhd was incorporated in December 2020 and commenced operation on 1 January 2021. It is contemplating closing its set first of accounts to one of the following alternatives dates: (ii) (iii) 30 June 2021; thereafter to 30 June annually 31 December 2021, thereafter to 31 December annually 31 March 2022; thereafter to 31 March annually REQUIRED: Determine the basis period for Akei Sdn Bhd for the relevant years of assessment until the year of assessment 2022. (6 Marks)