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Assume that Harmony Innovations CC made a tax loss of R 1 5 0 0 0 0 0 for the year ended 3 0 April

Assume that Harmony Innovations CC made a tax loss of R1500000 for the year ended
30 April 2024 and management is uncertain about future profitability. Discuss the recognition of a deferred tax asset for this tax loss, including any disclosure implications.
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