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5

6

7

8

9

EXPENSES SP

1

2

3

4

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5

6

7

8

9

SPECIFIC DE

1

2

3

4

5

6

7

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8

9

10

11

12

13

14

GAZETTE OR

1

2

3

4

5

6

7

8

9

10

OTHERS

1

2

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3

4

5

6

7

8

9

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E/ID:

PENSES (CHAPTER 14)

TYPE OF EXPENSE

EXPENSES (SECTION 33)

Interest expense

Rent

Repairs and renewal

Bad and doubtful debts

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Withholding tax

Payment for license to extract timber

Lease rental

Entertainment expenses

Leave passage

UCTION (s 34(6))

Payroll and turnover tax

Mining expenditure

Replanting expenditure

Provision of equipment and renovation of building for disabled person

Translation/ publication of book

Provision for library facilities

Social responsibility payment

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Child care centre

Musical and cultural group

Arts and cultural activity

Scholarship expense

Halal certification

Practical training

International standardization activity

ER

Information technology related expenditure

Personal computer and broadband services

Gofts of personal computer to employees

Statutory audit fees

Cost of developing website

Acquisition of foreign owned companies

Incorporation expenses

Unemployed graduate allowances

Chain of custody certification

Recruitment of employee

Retrenchment payment

Annual general meeting expenses

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Guarantee and commitment fees

Bank commission, guarantee fee

Unsatisfactory employee

Cultural or arts show

Cost of issuance of Islamic securities

Employee benefits

Patent and trademark registration

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RELATED ACT EXPLANATION

s33(1)(a)on money borrowed 1) the loan is employed in the production

of gross income

2) the loan is laid out on asset used or held

in that period for the production of

business income.

s33(1) 1) not governed under s33 (1) (a) of the Act

on debt 2) depend on the "wholly and exclusively"

3) not prohibited by s39 of the Act

s33(1)(b) 1) payable for occupying the land or building(immovable properties)

2) used in relation to the period

3) incurred for the purposes of producing

gross income of that source

s 33(1) 1) expenses incurred during that period for

the repair premises, plant, machinery or

fixtures employed in the production

of gross income

2) expense incurred for the renewal, repairor alteration of any implement, utensil or

article so employed

3) the Act does not define "repair" and

"improvement".

s 34 (2) 1) specific debtors are identified

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2) the debt are partly or wholly irrecoverable

3) such debts had been reasonably estimated

trading a) own business (deductible)

b) taken over ( not deductible)

advances

to be bad

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