In January 2016, Ohana Margenia Sdn Bhd (OMSB) (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 OMSB. The hotel building qualifies as an industrial building under the provision of paragraph 37F, Schedule 3 of the ITA.

From June 2016 to 2020, OMSB rented the ground floor, the third floor and the fourth floor to outsiders according to the rental period as follows:

Year(Y)-Tenant(T)- Floor of building (FOB)
2016 to 2020(Y)- Robert Co.(T)- ½ of the ground floor(FOB)
2018 to 2020(Y) -Jessy Co.(T) -¼ of the ground floor(FOB)
2018 to 2020(Y) -Nana Co.(T) -¼ of the ground floor(FOB)
2018 to 2020(Y) -Frag Wellness Spa Co.(T) - ½ of the third floor(FOB)
2018 to 2020(Y) -Softcare Natural Pharmacy Co.(T) - ½ of the third floor(FOB)

2020(Y) - Raufa Co.(T) - Fourth floor(FOB)

You are required to compute the Industrial Building Allowance (IBA) from the year of assessment 2016 until the year of assessment 2020.