a$)$ Agogo Ghana Ltd is a manufacturing entity in Ghana. Mr$.$ Konto, a citizen and resident of Malaysia owns $80\%$ of the company's shares. Mrs$.$ Konto, a citizen and resident of Malaysia and wife of Mr$.$ Konto also owns $15\%$ of the shares of the company. Mr$.$ Bawa, the son of Mr$.$ Konto holds the remaining $5\%$ of the shares in the company. As of $1$ st June $2023,$ the company had a share capital of $GH400,000.$ A report submitted by the management to the Board of Directors indicated that the company needs to acquire a plant valued at $GH1,000,000$ to enable the company to increase its production capacity. Mr$.$ Konto who is the majority shareholder has offered to finance the purchase of a plant for the company, but his challenge is whether to provide the plant to the company as a loan or as capital.

Required:

Advise Mr$.$ Konto on the income tax treatment of providing the asset to the company as capital or loan contribution.

$(6$ marks$)$