South Africa Case Law

Odendaal v Kommissaris van Binnelandse Inkomste (193/96)

Odendaal v Kommissaris van Binnelandse Inkomste (193/96) [1998] ZASCA 7; 1998 (3) SA 318 (SCA); [1998] 2 All SA 461 (A) (13 March 1998)

Court

Supreme Court of Appeal

Case number

193/96

Judges

Van Heerden, Hefer, Marais, Schutz, Melunsky

The court held that carried-forward development expenditure in loss years was not part of the tax assessment and could not be objected to until it affected a later year.

• Income Tax Act 58 Of 1962
• Assessment Finality
• Development Expenditure
• Objection And Appeal Procedure
• Carry Forward Of Losses
• Assessment-finality