Question 5 Happy Ltd. purchased a new 12 seater Vehicle for $64000 and donated...

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Accounting

Question 5

Happy Ltd. purchased a new 12 seater Vehicle for $64000 and donated it to a school where the children of employees were studying. Examine whether A Ltd could claim deduction under section 21 of the Income Tax Act, 2015 or cannot claim deduction under section 22 of ITA- Fiji.

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