Necktie pty ltd necktie an australian resident company had


Question

Necktie Pty Ltd (Necktie), an Australian resident company, had the following transactions in the year ended 30 June 2012:

1045_table 2.png

REQUIRED:

Calculate the assessable / deductible amount (if any) in relation to each of the above transactions. Cite the relevant section reference(s). Ignore withholding tax. Set out your answer using the following table format:

1612_table 3.png

 

 

 

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Taxation: Necktie pty ltd necktie an australian resident company had
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