Elaborate with report of lotus in regards to revenue law


Problem

Law on business capital, income, expenses and capital allowances (according to Income Tax Act 1967 and any relevant guidelines/policies relevant to Lotus's (Tesco) Malaysia.

1. Background of Lotus's (Tesco) Malaysia
2. Business Capital: Discuss the business capital for Lotus's (Tesco) Malaysia.
3. Business Income: Discuss the business income for Lotus's (Tesco) Malaysia.
4. Business Expenses: Discuss the business expenses for Lotus's (Tesco) Malaysia
5. Capital Allowances: Discuss the capital allowances available for Lotus's (Tesco) Malaysia.
6. Conclusion: Your thoughts on the viability of the revenue administration system focusing on Lotus's (Tesco) Malaysia.

Elaborate and relate with report of Lotus in regards to revenue law. Long explanation needed.

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