Naomba ushauri wa kodi, Accountants and Tax Advisers

We have the Company, making trading business, corporate tax 30% in past yrs range between Tshs1.8 to 2.4 mln, turnover is about Tshs 1 billion. And the company decide to diversify their business to invest in the different new business(guest hse) in the same umbrella is just a wing and has started to invest about Tshs 120 million, construction still in progress..
My Question: What will be the impact of this investment in the company's tax preparation ? is it deduct able ?

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As long as una-invest from surplus cash/retained earnings, that is not deductable. You are using after tax profit. You may think of utilizing other tax planning techniques.