Question
Necktie Pty Ltd (Necktie), an Australian resident company, had the following transactions in the year ended 30 June 2012:
![1045_table 2.png](https://secure.tutorsglobe.com/CMSImages/1045_table%202.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](https://secure.tutorsglobe.com/CMSImages/1612_table%203.png)