Kwatuzed Company Ltd (KCL) is an established company making accounts to 31/3. The latest accounts were for the year ending 31/3/2021showed a net profit before tax of K624,750. This net profit includes the following: (i) (ii) Dividend from a Zambian resident company K19,430 Foreign exchange gains K7,405. This occurred when translating a US dollar (iii) denominated receipt which the company hopes to receive in April 2021 The company received K35,105 a refund for loss of inventories which were insured. The following is known about expense: Depreciation expense deducted was K51,960 (i) (ii) Increase in general provision for doubtful debts K3,246 Capital allowances awarded for the tax year were K59,275 (iii) The company pays tax at the rate of 35% Required (a) Identify the tax year (b) Calculate the income tax charge for the tax year (c) If income tax already paid was K41,980, calculate the income tax due