Investment Holding Business
Overview
The purpose of this section is to calculate deduction that an Investment holding company is eligible for under section 60F.
Section 60F Deductions
This sheet contains the deductible amount in respect of expenses incurred by the company in the basis period for the year of assessment. Amounts entered into relevant working papers automatically link to this sheet. There are also user entry sections for the deduction calculation.
Section 60F Test
This sheet summarizes gross income occurring from and not from holding of investment and their ratios.
Relevant working papers link amounts to the
Gross income not from holding of investment
section of the sheet.