text: **(L) Taxation**
  
  *(i) Current income tax*
  Current income tax assets and liabilities are measured at the amount expected to be paid to tax authorities, net of recoveries, based on the 
  tax rates and laws enacted or substantively enacted at the reporting date. Current income tax relating to items recognized directly in equity 
  is recognized in equity and not profit or loss. Management periodically evaluates positions taken in tax returns with respect to situations in 
  which applicable tax regulations are subject to interpretation and establishes provisions where appropriate. 
  
  *(ii) Deferred income tax*
  Deferred income tax is provided using the liability method on all temporary differences at the reporting date between the tax bases of 
  assets and liabilities and their carrying amounts for financial reporting purposes, except where the temporary difference arises from 
  the initial recognition of goodwill or of an asset or liability in a transaction that is not a business combination that, at the time of the 
  transaction, affects neither accounting nor taxable profit or loss. 