Group A, D & G- Company Tax Matric No: Name:

1. Expenses adjustment is done to

arrive at ___________ business
income
F T X O Q Z E B H B K A H R R O J
2. Capital allowances are deducted A X D O U B L E A R F D S Y T L J
to ascertain _________ income of
business L R D Z E L B I G Y L J C E O P U
3. After statutory income, the tax S C C E O I D A G Q N U L N G R Z
computation proceed to calculate
_____________ by adding up
statutory income from all sources E I B X A K Q D R O W S C T A E G
G L I T X E R F E A S T E E Z O T
4. S33(1) of the ITA 1967 deals about
expenses that are __________ and
exclusively incurred to generate
T Z R G S T H E G L W E D R E P R
business income
C V F T T U I K A M A D J T T E U
5. In general, ___________ expenses M O C M C K F D T Z P S Z A T R E
are not allowed at all

6. Private expenses are allowed for H T P Q V B C S E P G F M I E A F

deductions. True/false
J S T A T U T O R Y I O U N M T E
7. S34(6) of the ITA 1967 list the
__________ allowable expenses
E S D L V C A P I T A L I M G I V
8. S39(1) of the ITA1967 lists the
non-allowable expenses. V V I J P Q W H O L L Y N E Q O M
True/false

9. Besides the ITA1967, the specific

Y A D I F F E R E N C E S N K N U
deductions also are allowed by
way of ________ order
B U I L E C U R R E N T L T U A C
Z H S S C R E S E A R C H V Y L O
10. ______________ deduction is given
to the expenses incurred in
relation to the promoted activities S N V F I S P E C I F I C D D R B
and welfare.

11. Before arriving at the total income,

besides approved donations,
businesses are allowed to
deduct______ year business loss

12. Before arriving at the total income,

besides approved
donations, businesses are allowed
to deduct adjusted loss as well as
qualifying _________ business
expenditure

13. There are ______________ in tax

rates for SMEs

14. Public ruling 4/2015 is about

___________ expenses

15. Public ruling 5/2020 and 6/2020

are about ____________ and
development expenditure

16. You are finish, find the words

LIKE not SWIPE

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