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X Sdn Bhd (year ending 31/12) controls Y Sdn Bhd (year ending 30/6). X Sdn Bhd sells to Y Sdn Bhd an office equipment for
X Sdn Bhd (year ending 31/12) controls Y Sdn Bhd (year ending 30/6). X Sdn Bhd sells to Y Sdn Bhd an office equipment for RM12,000 on 1 May 2019 which was acquired on 1/12/2016 for RM50,000. Required: Calculate the allowances due to all the companies under Schedule 3 of the ITA. X Sdn Bhd (year ending 31/12) controls Y Sdn Bhd (year ending 30/6). X Sdn Bhd sells to Y Sdn Bhd an office equipment for RM12,000 on 1 May 2019 which was acquired on 1/12/2016 for RM50,000. Required: Calculate the allowances due to all the companies under Schedule 3 of the ITA
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