question archive The Southern Company Sdn Bhd is a local company engaged in the manufacture of piston rings for motor vehicle engines
The Southern Company Sdn Bhd is a local company engaged in the manufacture of piston rings for motor vehicle engines
Subject:BusinessPrice: Bought3
The Southern Company Sdn Bhd is a local company engaged in the manufacture of piston rings for motor vehicle engines. It closes its accounts to 31 December each year. During the year, it embarked on the construction of its own industrial building in Sepang, and incurred the following expenditure: (The Southern Company Sdn Bhd adalah syarikat tempatan yang terlibat dalam pembuatan cincin omboh untuk enjin kenderaan bermotor. Ia menutup akaunnya hingga 31 Disember setiap tahun. Selama tahun ini, pihaknya memulai pembinaan bangunan perindustriannya sendiri di Sepang, dan menanggung perbelanjaan berikut:) Particulars of expenditure (Maklumat perbelanjaan) Cost of land (Kos tanah) Legal fee for transfer of land (Bayaran guaman untuk pemindahan tanah) RM 328,000 32,800 123,000 73,800 66,420 118,900 295,200 28,700 Clearing of land (Pembersihan tanah) Cutting and leveling land (Memotong dan meratakan tanah) Excavation and preparation of site for construction (Penggalian dan penyediaan tapak untuk pembinaan) Piling and foundation works (Kerja cerucuk dan asas) Construction of building (Pembinaan bangunan) Construction of perimeter wall (Pembinaan dinding perimeter) Architect fee-building design (Reka bentuk pembinaan yuran arkitek) Legal services for obtaining various building approval (Perkhidmatan guaman untuk mendapatkan pelbagai kelulusan bangunan) Subcontract charges for installation of wiring and plumbing (Caj subkontrak untuk pemasangan pendawaian dan paip Landscaping charges (Bayaran landskap) Total (Jumlah) 114,800 53,300 60.680 65,600 1,361,200 The building was completed in early October 2019 and was use on 1 November 2019. (Bangunan ini siap dibina pada awal Oktober 2019 dan mula digunakan pada 1 November 2019.) a) Determine the qualifying building expenditure for The Southern Company Sdn Bhd for the year of assessment 2019. (Tentukan perbelanjaan bangunan yang layak untuk The Southern Company Sdn Bhd untuk tahun taksiran 2019.) (10 M) b) Compute the industrial building allowance due to the company for the year of assessment 2019. (Hitung elaun bangunan industri yang perlu dibayar kepada syarikat untuk tahun taksiran 2019.) (5M) (Total (Jumlah) 15m)
