ABC (Pty) Ltd v Commissioner for the South African Revenue Service (ITI13772)
ABC (Pty) Ltd v Commissioner for the South African Revenue Service (ITI13772) [2016] ZATC 7; 79 SATC 62 (4 November 2016)
Tax Court held section 24C did not apply because the income and future expenditure arose from different contracts, but remitted the understatement penalty.
- Income Tax Act Section 24c
- Future Expenditure Allowance
- Understatement Penalty
- Contractual Linkage
- Tax Administration Act Section 222
- Income-tax-act-section-24c