ECONOMICS (CBSE/UGC NET)

ECONOMICS

INCENTIVES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Sana Sini Sdn Bhd, tourism company involved in promoted activities in Tanjung Dawai, Kedah. If Sana Sini were granted the Investment Tax Allowance (ITA), it will get
A
An allowance of 60% on the qualifying capital expenditure (QCE) incurred within five (5) years from the date on which the first qualifying capital expenditure is incurred and this allowance can be offset against 70% of SI in the YA
B
An allowance of 70% on the qualifying capital expenditure (QCE) incurred within five (5) years from the date on which the first qualifying capital expenditure is incurred and this allowance can be offset against 60% of SI in the YA
C
An allowance of 100% on the qualifying capital expenditure (QCE) incurred within five (5) years from the date on which the first qualifying capital expenditure is incurred and this allowance can be offset against 100% of SI in the YA
D
An allowance of 100% on the qualifying capital expenditure (QCE) incurred within ten (10) years from the date on which the first qualifying capital expenditure is incurred and this allowance can be offset against 100% of SI in the YA
Explanation: 
There is 1 question to complete.