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Provide any four (4) criteria that need to be considered in the Badges of trade tests to determine whether a taxpayer is carrying a business

Provide any four (4) criteria that need to be considered in the Badges of trade tests to determine whether a taxpayer is carrying a business or not as decided in NYF Realty Sdn. Bhd. v. Comptroller of Inland Revenue (1974) 1 MLJ 183). [8 marks]

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