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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