Tutorial Company Taxation SS JUNE 2021 & JULY 2021 PDF

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Solution: Company TaxationTest June 2021a. HouzeBake Sdn Bhd Computation of ITP for YA 2020 (FYE 31/8/2020)LESS RM ADD RMNet profit before tax 1,4 50 , Adjustment for: Cost of sales Inventory obsolescence Nil Carriage inwards for purchase of inventory Nil Depreciation of machineries 101, Wages paid ...

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NOR HAFIZAH ABD MANSOR

Solution: Company Taxation Test June 2021 a. HouzeBake Sdn Bhd Computation of ITP for YA 2020 (FYE 31/8/2020) RM LESS Net profit before tax Adjustment for: Cost of sales Inventory obsolescence Carriage inwards for purchase of inventory Depreciation of machineries Wages paid for part-timers to fulfill the demand during festive seasons Other income Dividend income (single-tier) Interest income on overdue trade receivables Rental income Remunerations Salaries and bonuses of normal employees Salaries and bonuses of two ex-convicts (full-time employment) Salaries of disabled employees EPF [(RM395,700 + 47,000 + 100,000) x 19%] = RM103,113 vs RM90,200 Actual EPF...