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Determine qualifying building expenditure for the factory

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Reference no: EM132540801

Question - Dana Sdn Bhd incurred the following expenditure to construct a factory:

RM

Cost of land 260,000

Legal fees and stamp duty (RM6,000 relates to acquisition of land) 20,000

Architect's fee 26,000

Cost of approving plan 10,000

Cost of demolishing house 70,000

Construction cost (materials, labour and overheads) 2,000,000

Road and car park within the factory complex 60,000

Wiring and plumbing 70,000

Required - Determine the qualifying building expenditure for the factory.

Reference no: EM132540801

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