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Not all business expenses are deductible in computing the adjusted income of a taxpayer. State FIVE (5) rules of deductibility that a taxpayer must satisfy

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Not all business expenses are deductible in computing the adjusted income of a taxpayer. State FIVE (5) rules of deductibility that a taxpayer must satisfy before a claim for deduction is given for tax purposes. (5 marks) Explain the service tax implications arising from the potential costs which Top Sdn Bhd will incur on the construction of the new factory. (8 marks)

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