Page 75 - SAIT Compendium 2016 Volume2

INCOME TAX ACT
PRACTICE NOTES
Table of Contents (chronological by year)
PN DATE NUMBER
4 1985
5 1987
8 1988
15 1992
16 1993
17 1993
19 1993
20 1993
22 1994
23 1994
24 1994
25 1994
28 1994
29 1994
31 1994
32 1994
33 1994
34 1994
35 1994
36 1995
37 1995
39 1995
40 1995
42 1995
43 1996
1 1996
2 1996
NAME
Nominee directors: directors’ fees Reporting of unprofessional conduct Withdrawn
Withdrawn
Withdrawn
Withdrawn
Replaced
Withdrawn
Deduction of recurrent expenditure incurred by public companies
Withdrawn
Withdrawn
Withdrawn
Withdrawn
Withdrawn
Interest paid on moneys borrowed
Valuation of stock: nurserymen (Replaced by Interpretation Note 79)
Withdrawn
Withdrawn
Estate duty: bequest of trust income to surviving spouse: trustee’s discretion: deduction under s. 4 (q)
Valuation of trading stock
Deduction of fees paid to accountants, bookkeepers and tax consultants for the completion of income tax returns
Replaced Withdrawn
Processes of manufacture, processes similar to a process of manufacture and processes not regarded as processes of manufacture or processes similar to a process of manufacture
Withdrawn Withdrawn
Determination of taxable income where nancial assistance has been granted by a non-resident of the Republic to a resident of the Republic, with Addendum
SECTION OF INCOME TAX PAGE ACT
Section 1 71 Section 105A 71 71 72 72 72 72 72 72
Section 25B 72
72
73
73
73
Section 11 (a) 73
Section 26 and paras 2 and 9 of 73 First Schedule
73
73
Section 4 (q) of the Estate Duty 73 Act, 1955
Section 22 (1) 74 Section 11 (a) or (e) 74
75 75 75
Section 28 78 Section 14 (1) (c) 78 Sections 23 and 31 78