The War

ATXB 223 TUTORIAL 10: REAL PROPERTY GAINS TAX (RPGT) inquiry 1 On 14 July 2002, Encik Alias bought 55,000 ordinary shares in Intan Sdn Bhd for RM3.40 per share. He held the shares for two months until 13 menageember 2002. On this date, he interchange 30,000 shares to Puan Sarah for RM180,000. On 5 November 2003, Puan Sarah sold all the shares to Jentayu Jaya Sdn Bhd for RM260,000. On 3 March 2005, Encik Ahmad purchased 75% of the shares in Intan Sdn Bhd held by Jentayu Jaya Sdn Bhd shareholding for RM7.20 per share.

The chase development is extracted from the accounts of Intan Sdn Bhd which is a controll ed company: | |14 July 2002 |13 Sept 2002 |1 Nov 2003 | | |RM |RM |RM | | shoot and building at market repute |1,000,000 |2,000,000 |800,000 | |Land and building at cost |1,500,000 |800,000 |1,000,000 | |Acquisition worth of shares in another Real Property | nonentity |Nil |170,000 | | caller-up | | ! | | |Goodwill |50,000 |50,000 |50,000 | |Plant and machinery |60,000 |45,000 |30,000 | |Stock in craftiness |250,000 |290,000 |270,000 | |Debtors |120,000 |190,000 |150,000 | |Banks...If you take to get a full essay, order it on our website: OrderCustomPaper.com

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