South Africa Case Law

Commissioner for South African Revenue Services v Foodcorp Limited (134/98)

Commissioner for South African Revenue Services v Foodcorp Limited (134/98) [2000] ZASCA 179 (31 May 2000)

Court

Supreme Court of Appeal

Case number

134/98

Judges

F H Grosskopf, Zulman, Streicher, Melunsky, Mthiyane

The court held that section 37 of the Income Tax Act did not apply because no ownership of a mining property, meaning land, had passed; the matter was remitted for reassessment under paragraph (j).

• Income Tax Act Section 37
• Recoupment Of Capital Expenditure
• Mining Property Definition
• Joint Venture Assets
• Gross Income Inclusion
• Income-tax