QUESTION FOUR

$4\mathrm{.}1$ Discuss the deductions$/$exemptions applicable to physical impairment or disability expenses of

an individual.

$4\mathrm{.}2$ Explain what is meant by a Capital Gain or Loss.

$4\mathrm{.}3$ Explain the following statement: "Tax is always based on the substance of a transaction, rather

than its form".