WebSee Page 1. expense was an “inevitable concomitant” of the type of business (see Joffe & Co (Pty) Ltd v CIR 1946 AD 157, 13 STAC 354). Although the expense was paid in the following year of assessment, the company’s liability had been fixed by the court and was an unconditional liability in January 2009 and, therefore, deductible in the ... WebTimber Co Ltd 1924 AD 516; New Estate Areas Ltd v CIR 1946 AD 610; Palabora Mining Co Ltd v SIR 1973 (3) SA 819 (A)). Other cases distinguish losses from expenditure in the interpretation of the phrase ‘expenditure or losses’. As a point of departure in defining expenditure, it is important that one understands what constitutes ...
The Port Elizabeth Electric Tramway case:1 Is the ... - ResearchGate
WebUnformatted text preview: Principles from case law Principles from the following tax cases were covered in Tax I Relevant to Definition of gross income Definition of gross income Definition of gross income Definition of gross income Words or phrase Considered Resident Amount 'from a source within ... the Republic' accrued to Name of the court … Web26 aug. 2015 · The Supreme Court of Appeal in the comparatively recently decided cases of C:SARS v Mobile Telephone Networks Holdings (Pty) Ltd and Warner Lambert SA (Pty) Ltd v C:SARS, have considerably widened the ambit of expenses that may now be claimed in terms of section 11 ( a) of the Income Tax Act. actress in annovera commercial
Joffe co pty ltd v cir 1946 13 satc 354 a at 360 - Course Hero
WebFOUNDERS HILL (PTY) LTD Respondent. Neutral citation: CSARS v Founders Hill (509/10) [2011] ZASCA 66 (10 May 2011) Coram: HARMS DP, NUGENT, LEWIS and MALAN JJA and PLASKET AJA . Heard: 17 MARCH 2011. Delivered: 10 May 2011 . Summary: Proceeds of sale of land sold by realization company taxable as WebJOFFE AND COMPANY (PTY) LIMITED v CIR In this case the court referred to the expenditure or the act leading to the expenditure as being a necessary concomitant of … Web9"John Bell & Co (Pty) Ltd v SIR 1976 (4) SA 415 (A), 38 SATC 87. 10 CIR v Richmond Estates (Pty) Ltd 1956 (1) SA 602 (A), 20 SATC 390. 8" " In addition in Natal Estates Ltd v SIR11 the taxpayer held a large piece of land purchased with … actress georgia ellis