2. Not all types of income are subjected to income tax. Provide with an example...
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Accounting
2. Not all types of income are subjected to income tax. Provide with an example the types of income subjected to income tax under Income Tax Act 1967. [10 marks] 3. Explain the concept of capital expenditure in tax law. [10 marks]
4. Explain the concept of withholding tax as practiced in Malaysia [10 marks]
5. Explain the concept of Special classes of income in Malaysian Tax Law. [10 marks]
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