Question
Question 2 Mr Arun is a General Manager at Hankyu Sdn Bhd for the last 10 years. For the year ended 31 December 2020, he
Question 2 Mr Arun is a General Manager at Hankyu Sdn Bhd for the last 10 years. For the year ended 31 December 2020, he received the following employment income and benefits from the company: Salary per month RM15,000 Bonus equivalent to 3 months salary Entertainment allowance per month RM3,000 Parking allowance RM3,600 Mr Arun was provided with a new car worth RM180,000, dental and medical care amounting RM12,000 for him and family. He was given a fully furnished bungalow to reside. The rental of the bungalow is RM5,000 (of which RM1,000 was for the furniture).
Required: Compute the chargeable income for Mr Arun for the year of assessment 2020.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started