Page 3 - TAX4862/2 APPLIED TAXATION
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GENERAL DEDUCTION FORMULA
Learning Outcome
After completing this study unit, you should be able to:
demonstrate an in-depth knowledge of the general
deduction formula in practical case studies and
theoretical advice questions (supporting your opinion
by relevant authority/case law)
apply the criteria that disallow an item to qualify for a
tax deduction to both practical case studies and
theoretical advice questions.
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