Study the scenario and complete the question$($s$)$ that follow$($s$)$:

Billy Vein, a construction worker for Candrat Construction Limited $($Candrat$),$ overloaded his wheelbarrow while working on the fifth floor of a construction site. The wheelbarrow became unsteady, and Billy lunged to steady it$.$ This caused him to lose his balance and he plunged five floors to his death. His wife, devastated by his death, sued the company for compensation.

In an out$-$of$-$court settlement signed on $13$ January $2024,$ Candrat agreed to pay Billy$$s wife a lump sum payment of R$1500000$ as compensation. Candrat paid the amount on $15$ February $2024.$ In defending the case, Candrat incurred R$180000$ in legal expenses.

Source: Arendse, J$.2024.$

Required:

Explain which of the above amounts, if any, Candrat Construction Limited will be permitted to deduct in the determination of its taxable income for the year of assessment ended $31$ January $2024.(10)$ ALSO Marks will be awarded for the above$-$mentioned technical aspects and general presentation including references to the legislation and case law.