this is part4 of question 6.

Please step by step calculation and refer to malaysia tax

Required: (a) Compute the chargeable income and income tax payable by Anak Chips Sdn Bhd for the year of assessment 2020. Note: You should indicate by the use of the word 'nil' any item referred to in the question for which no adjusting entry needs to be made in the tax computation. [30 marks] (b) Explain rational behind the introduction of "withholding tax" in Malaysia. [10 marks] (c) Provide the compliance requirements how a Anak Chips Sdn Bhd can claim capital allowance under schedule 3 of the Income Tax Act 1967 (as amended). [10 marks] END OF PAPER Required: (a) Compute the chargeable income and income tax payable by Anak Chips Sdn Bhd for the year of assessment 2020. Note: You should indicate by the use of the word 'nil' any item referred to in the question for which no adjusting entry needs to be made in the tax computation. [30 marks] (b) Explain rational behind the introduction of "withholding tax" in Malaysia. [10 marks] (c) Provide the compliance requirements how a Anak Chips Sdn Bhd can claim capital allowance under schedule 3 of the Income Tax Act 1967 (as amended). [10 marks] END OF PAPER