adjusted, expenses adjustment is done to arrive at ___________ business income, statutory, Capital allowances are deducted to ascertain _________ income of business, aggregate, After statutory income, the tax computation proceed to calculate _____________ by adding up statutory income from all sources, wholly, S33(1) of the ITA 1967 deals about expenses that are __________ and exclusively incurred to generate business income, capital, In general, ___________ expenses are not allowed at all, false, Private expenses are allowed for deductions. True/false, specific, S34(6) of the ITA 1967 list the __________ allowable expenses, true, S39(1) of the ITA1967 lists the non-allowable expenses. True/false, Gazette, Besides the ITA1967, the specific deductions also are allowed by way of ________ order, double, ______________ deduction is given to the expenses incurred in relation to the promoted activities and welfare., Current, before arriving at the total income, besides approved donations, businesses are allowed to deduct______ year business loss, Preoperational, before arriving at the total income, besides approved donations, businesses are allowed to deduct adjusted loss as well as qualifying _________ business expenditure, differences, There are ______________ in tax rates for SMEs, like, You are finish, find the words LIKE not SWIPE

A231_BKAT3033_background knowledge

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