Calculate provisional adjusted income and divisible income

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Reference no: EM131994642

i) Calculate the capital allowances, balancing change and/or balancing allowance (if any) due to the partnership for all relevant years of assessment up to the year of assessment 2017.

ii) Calculate provisional adjusted income and divisible income for the partnership for YA 2017.

iii) Compute total income for Azmi, Elianna, Isabella and Yasmin for YA 2017.

iv) Compute chargeable income and tax payable for Azmi, Elianna, Isabella and Yasmin for YA 2017. You have to decide whether any of the wives should elect for joint assessment.

Reference no: EM131994642

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