2) NM Sdn Bhd

Chargeable income for the year assessment 2019 NOTE RM'000(-) RM'000(+)

PROFIT BEFORE TAX 33577

DIVIDEND-MALAYSIA 5000
GAIN FROM DISPOSAL OF INVESTMENT PROPERTY 100
RENTAL INCOME 100
REGISTRATION OF TRADEMARKS 1 120
FREIGHT CHARGE 1 NIL
PREPARATION OF KNOWLEDGE-BASED MASTER PLAN 1 NIL
SALARIES AND ALLOWANCES NIL
COST OF DEVELOPING COMPANY' S WEBSITE (60000 X 80%) 2 48
REIMBURSEMENT TO MARKETING OFFICER 2 NIL
NASI ARAB MENDY SERVED DURING AGM 2 16
PROVISION OF STOCK OBSOLESCENCE 2 300
REPLACING DAMAGED DOORS WITH HIGH QUALITY DOORS 3 200
INSTALLING WALL PAPER FOR CEO OFFICE 3 44
INSTALLING OF AIR FILTERS FOR BUSINESS PREMISE 3 23
MAINTENANCE OF AIR CONDITIONING SYSTEM FOR BUSINESS PREMISE 3 NIL
ENTRANCE FEES 4 2
MONTHLY ADVERTISEMENT IN LOCAL NEWSPAPER 4 NIL
PROMOTIONAL SAMPLES 4 NIL
ENTERTAINMENT FOR SUPPLIERS(22000 X 50%) 4 11
SALARIES OF EX-CONVICT (3500 X 7=24500) 24.5
DEPRECIATION 170
BAD DEBTS WRITTEN OFF RELATED TO TRADE 5 NIL
BAD DEBT WRITTEN OFF RELATED TO NON-TRADE 5 25
GENERAL PROVISION FOR TRADE DEBTS 5 150
SPECIFIC PROVISION FOR TRADE DEBTS 5 NIL
STATUTORY AUDIT FEES 6 NIL
SECRETARIAL FEES 6 2
LEGAL FEES FOR A LOAN TAKEN TO FINANCE THE PURCHASE OF A SHOP HOUSE 6 90
TAX FILING FEES 6 NIL
LEGAL FEES FOR PURCHASING A MINI MARKET 6 80
FIRE INSURANCE ON THE COMPANY'S ASSETS AND STOCKS 7 NIL
PREMIUM PAID TO THAILAND INSURANCE COMPANY 7 11
PREMIUM INSURANCE PAID FOR THE NEW CAR FOR DIRECTOR'S WIFE 7 7
REALISED FOREIGN EXCHANGE LOSS ON IMPORT OF TRADING STOCK 8 NIL
UNREALISED FOREIGN EXCHANGE LOSS ON THE IMPORT OF TRADING STOCK 8 11
REALISED FOREIGN EXCHANGE LOSS ON THE TRADE RECEIVABLE 8 NIL
REALISED FOREIGN EXCHANGE LOSS ON THE IMPOR OF A MACHINERY 8 8
CASH DONATION TO AN APPROVED RESEARCH INSTITUTION 9 6
CONTRIBUTION TO SMK JITRA TO UPGRADE ITS INFRASTRUCTURE 9 120
5224.5 35021
-5224.5
ADJUSTED INCOME 29796.5
(+)BALANCING CHARGE 95
(-) CAPITAL ALLOWANCE -189
STATUTORY INCOME 29702.5
(+)OTHER INCOME
DIVIDEND INCOME (EXEMPTED) NIL
GAIN FROM DISPOSAL OF INVESTMENT PROPERTY NIL
RENTAL INCOME(100000-20000) 80
AGGREGATE INCOME 29782.5
(-)APPROVED DONATION:
CASH DONATION TO AN APPROVED RESEARCH INSTITUTION 6
CONTRIBUTION TO SMK JITRA 120 126 -126
OR RESTRICTED TO 10% X 29782500=2978250

CHARGEABLE INCOME 29656.5

TAX PAYABLE= 29656500 X 24% = RM 7117560

3) Nekad Tuju Sdn Bhd (NTSB)
Chargeable income for the year assessment 2019 NOTE RM'000(-) RM'000(+)

PROFIT BEFORE TAX 2845

COST OF BRINGING THE INVENTORIES TO THEIR PRESENT LOCATION AND CONDITION 1 NIL
RENOVATION OF RAW MATERIALS STORAGE AREA 1 10
RENTAL INCOME FROM SHOP LOTS 1000
GAIN ON DISPOSAL OF COMPANY'S VEHICLES 800
AN EMPLOYESS WHO SUFFERED ILLNESS DUE TO AN ACCIDENT (SOCSO) 2 24
PAYMENT FOR A GRADUATE UNDER SKIM LATIHAN 1MALAYSIA 2 18
CHILD CARE ALLOWANCE FOR FACTORY WORKERS 2 48
SERVICE FEE TO AN APPROVED RESEARCH INSTITUTE 3 23
COST OF DEVELOPING WEBSITE(80% X 80000) 3 64
EXPENSES INCURRED TO ACQUIRE APPROVED CHAIN OF CUSTODY CERTIFICATE 3 NIL
EXPENSES FOR REPAIRING COMPANY'S RENTED SHOP LOTS 4 15
EXPENSES FOR CONVERTING A PART OF ADMINISTRATIVE AREA INTO SHOWROOM 4 25
LEAVE PASSAGE 5 11
EXPENSES INCURRED FOR ENTERTAINMENT POTENTIAL INVESTOR 5 2
FREE PACKED LUNCH ON EVERY FRIDAY TO EMPLOYEE 5 NIL
GENERAL PROVISION FOR TRADE DEBTS 6 90
SPECIFIC PROVISION FOR NON-TRADE DEBTS 6 80
AUDIT EXPENDITURE 7 NIL
LEGAL FEES FOR PURCHASING OF SHOP LOTS 7 26
PAYMENT OF TRAFFIC SUMMONS ON COMPANY'S VEHICLES 7 10
CONTRIBUTION OF FURNITURE TO A LIBRARY 8 20
CASH DONATION TO PALU TSUNAMI VICTIMS FUND (APPROVED) 8 1000
CASH DONATION TO MAJLIS PERBANDARAN TAIPING FOR ORGANISING AUTISM CHARITY RUN 8 2000
DEPRECIATION 100
FOREIGN EXCHANGE LOSSES(UNREALISED) 45
PROVISION FOR EMPLOYEE'S GRATUITY 200
 1913 6543
-1913
ADJUSTED INCOME 4630
(+) BALANCING CHARGE 30
(-)BALANCING ALLOWANCE -546
(-)UNABSORBED CAPITAL ALLOWANCE -200
(-)CAPITAL ALLOWANCE -600
STATUTORY INCOME 3314
(+)RENTAL INCOME (1000000-15000) 985
GAIN ON DISPOSAL OF COMPANY'S VEHICLES NIL
AGGREGATE INCOME 4299
(-) DONATION( IN KIND):
CONTRIBUTION OF FURNITURE TO A LIBRALY IN A HIGHER LEARNING EDUCATION NIL
DONATION( CASH):
CASH DONATION TO PALU TSUNAMI VICTIMS FUND (APPROVED) (10 % X 4299000=429. 429900
CASH DONATION TO MAJLIS PERBANDARAN TAIPING FOR ORGANISING AUTISM CHARITY RUN 2000000 2429900 2429.9

CHARGEABLE INCOME 1869.1

TAX PAYABLE= 1869100 X 24%= RM 448584