Income tax act 1962 act no. 58 of 1962
http://www.lawsofsouthafrica.up.ac.za/index.php/browse/tax/income-tax-act-58-of-1962/regulations-and-notices/58-of-1962-income-tax-act-regs-gnr-639-1-jan-2012-to-date-pdf/download WebJun 7, 2016 · Section 12M of the Income Tax Act No. 58 of 1962 allows a normal tax deduction for employers who pay the post-retirement medical contributions by way of lump sum payments on behalf of retired ...
Income tax act 1962 act no. 58 of 1962
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WebINCIDENTAL COSTS FOR PURPOSES OF SECTION 8(1) OF THE INCOME TAX ACT, 1962 (ACT NO. 58 OF 1962) By virtue of the powers vested in me by section 8(1)(c)(ii) of the Income Tax Act, 1962 (Act No. 58 of 1962), I, Edward Christian Kieswetter, Commissioner for the South African Revenue Service, hereby determine in the Schedule hereto the WebMay 19, 2024 · This portion of the Income Tax Act, No 58 of 1962 governs the extent of the deduction that may be claimed during any particular year of assessment in respect of prepaid expenditure which otherwise ...
Web@inproceedings{Ngubane2004TheAB, title={The approach by our courts of the apportionment of expenditure in terms of section 11(a) read with section 23(g) of the … http://extwprlegs1.fao.org/docs/pdf/saf93024.pdf
WebMay 8, 2015 · Income Tax Act No. 58 of 1962 » Protocol amending the agreement between the Government of the Republic of South Africa and the Government of India for the … Webmeans a section of the Act; • “the Act” means the Income Tax Act No. 58 of 1962; and • any word or expression bears the meaning ascribed to it in the Act. 1. Purpose . This Note clarifies when a company may forfeit its right to carry forward its assessed loss from the preceding year of assessment as a result of it –
http://extwprlegs1.fao.org/docs/pdf/saf93024.pdf
WebINCIDENTAL COSTS FOR PURPOSES OF SECTION 8(1) OF THE INCOME TAX ACT, 1962 (ACT NO. 58 OF 1962) By virtue of the powers vested in me by section 8(1)(c)(ii) of the Income Tax Act, 1962 (Act No. 58 of 1962), I, Thomas Swabihi Moyane, Commissioner for the South African Revenue Service, hereby determine in the Schedule hereto the scr-f261WebIn addition to satisfying the requirements of the SEZ Act, further criteria for some of the available tax incentives are stipulated in the Income Tax Act, 1962 (Act No. 58 of 1962.) Building Allowance Businesses and Operators (prescribed in section 1of the SEZ Act) operating within a Special Economic Zone may be eligible for tax relief ... scr-f10vWebThe Income Tax Act No 58 of 1962 (the Act) provides for the tax-deferred treatment of transactions where a person transfers an asset to a resident company in exchange for equity shares in that company. The application of section 42 of the Act has the effect that the transaction in question has no immediate income tax, capital gains tax, value ... payoff home equity loanWebmeans a section of the Act; • “the Act” means the Income Tax Act No. 58 of 1962; and • any word or expression bears the meaning ascribed to it in the Act. 1. Purpose . This Note … scr-f261gWebChapter 62: TAXATION OF INCOMES. Section 1 Definitions. Section 2 Gross income, adjusted gross income and taxable income defined; classes. Section 3 Taxable income: … payoff home calculatorWebchild etc. as per section 64 of Income-tax Act, 1961) computed in accordance with the provisions of Income-tax Act, 1961 for the financial year in which the above transaction is held will be less than maximum amount not chargeable to tax. Verified today, the day of 20 Place: INCOME-TAX RULES, 1962 “FORM NO.60 [See second proviso to rule 114B] scr-f261nWebApr 12, 2024 · [see: section 90(4) of the Income Tax Act, 1961 (“Act ... if such case falls within one of the conditions prescribed under Rule 10U of the Income Tax Rules, 1962 (“Rules ... Xiaomi Technology India Pvt. Ltd. v. DCIT, [2024] 451 ITR 58 (Karnataka HC). The Hon’ble Karnataka High Court in a path breaking decision allowed Xiaomi India’s ... scr-f181