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Business Taxation: End-Term Examination Business Taxation: End-term Examination PGP I, Slot 4, November to December, 2009 Answer: Set 1 Questions on Income Tax Question No. 1 Pelican Early Learning Limited is a company engaged in the manufacturing of toys. The company set up a research centre for developing safe toys. The company made the following.
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Following ExpendituresPelican Early Learning LimitedResearch CentreTotal Deduction