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c) Mawarna Tour Sdn Bhd is a resident company, which is registered under the Ministry of Tourism Malaysia. Despite, the peandemic covied 19 disease aeffected
c) Mawarna Tour Sdn Bhd is a resident company, which is registered under the Ministry of Tourism Malaysia. Despite, the peandemic covied 19 disease aeffected the whole world, the company has successfully handled 590 foreign tourists and 2,150 domestic tourists and reported statutory income of 'Domestic Tourism RM125,000 for foreign tourist and RM750,000 for local tourists in year 2020. Determine the taxable income in respect of tour business operated by Mawarna Tour Sdn Bhd (6 markah/marks)
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