SuburUtara Sdn Bhd is an investment holding company not listed on the Bursa Malaysia. Information related to investments, gross incomes and expenses for the year of assessment 2019 for the business is presented below:

Item RM

Incomes

Gross dividend from RaisingShine Bhd 150,000

Gross dividend from CocoMata Ltd. (Australian company) 130,000

Gross dividend from Andaman Bhd 80,000

Distribution of income from Cahaya Real Estate Investment Trust (REIT) 60,000

Distribution of income from Majujaya Unit Trust 45,000

Interest income from investment in bond 30,000

Rental income 140,000

Gains from realisation of investments 250,000

Management services fees 52,000

Expenses

Directors' fees 30,000

Salaries, wages and allowances 25,000

Office rent and maintenance fee 28,000

Audit fee 6,000

Secretarial and accounting fees 5,000

Taxation fee 4,000

Telephone bill 10,000

Printing, stationery and postage costs 6,300

Quit rent and assessment (property for rental) 1,500

Interests expense on dividend 250,000

REQUIRED:

(a) Compute the total income for SuburUtara Sdn Bhd for the year of assessment 2019.

(18 Marks)

(b)If SuburUtara Sdn Bhd is listed on Bursa Malaysia, briefly explain the tax treatment for:

(i)income derived from the holding of investments, and

(ii)direct and common expenses related to the income source.

(2 Marks)