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Sir,
I have a question. Generally, there will be no TAD claimable during the year of disposal right? Since we are not the owner of the asset at the year end. My question is, if the question stated that the WDV = RV at the end of year 4, should we need to further deduct the TAD? I feel like we should not, as it is not align with the principal. Therefore, since it is the same value, the TAD in year 4 will equal to zero – and this wont reduce our taxable profit.
Please do help me. Thank you.
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