Page 14 - SAIT Compendium 2016 Volume1

11B .. .
11C .. .
[S. 11A inserted by s. 28 (1) of Act 45 of 2003.]
[S. 11B inserted by s. 29 of Act 45 of 2003 and repealed by s. 28 of Act 31 of 2013.]
[S. 11C inserted by s. 18 (1) of Act 32 of 2004 and repealed by s. 31 (1) of Act 24 of 2011.]
11D Deductions in respect of scienti c or technological research and development
[S. 11D inserted by s. 13 (1) of Act 20 of 2006.]
11E Deduction of certain expenditure incurred by sporting bodies
11bis .. .
11ter .. .
[S. 11E inserted by s. 20 of Act 35 of 2007.]
[S. 11bis inserted by s. 10 (1) of Act 90 of 1962 and repealed by s. 20 of Act 74 of 2002.]
11oct .. . 12 .. . 12A .. .
129 of 1991.]
[S. 11oct inserted by s. 10 (1) of Act 91 of 1982 and repealed by s. 21 (1) of Act 53 of 1999.] [S. 12 repealed by s. 16 of Act 129 of 1991.]
[S. 12A inserted by s. 16 of Act 55 of 1966 and repealed by s. 17 of Act 129 of 1991.]
INCOME TAX ACT 58 OF 1962
10A Exemption of capital element of purchased annuities
[S. 10A inserted by s. 8 (1) of Act 65 of 1973.]
10B Exemption of foreign dividends and dividends paid or declared by headquarter companies
[S. 10B inserted by s. 29 (1) of Act 24 of 2011.]
10C Exemption of non-deductible element of compulsory annuities
[S. 10C inserted by s. 21 (1) of Act 22 of 2012.]
11 General deductions allowed in determination of taxable income
11A Deductions in respect of expenditure and losses incurred prior to commencement of trade
[S. 11ter inserted by s. 10 of Act 90 of 1964, substituted by s. 12 of Act 88 of 1965 and repealed by s. 12 of Act 141 of 1992.]
11quat . . .
[S. 11quat inserted by s. 10 of Act 90 of 1964, substituted by s. 12 of Act 88 of 1965 and repealed by s. 13 of Act 141 of 1992.]
11quin . . .
[S. 11quin inserted by s. 10 of Act 90 of 1964, substituted by s. 12 of Act 88 of 1965 and repealed by s. 14 of Act 141 of 1992.]
11sex Deductions of compensation for railway operating losses
[S. 11sex inserted by s. 10 of Act 90 of 1972.]
11sept . . .
[S. 11sept inserted by s. 14 (1) of Act 85 of 1974, substituted by s. 9 (1) of Act 104 of 1979 and repealed by s. 15 of Act
12B Deduction in respect of certain machinery, plant, implements, utensils and articles used in farming or production of renewable energy
[S. 12B inserted by s. 11 of Act 90 of 1988 and amended by s. 19 (a) of Act 31 of 2005.]
12C Deduction in respect of assets used by manufacturers or hotelkeepers and in respect of aircraft and ships, and
in respect of assets used for storage and packing of agricultural products
[S. 12C inserted by s. 14 (1) of Act 101 of 1990 and amended by s. 20 (a) of Act 31 of 2005.]
12D Deduction in respect of certain pipelines, transmission lines and railway lines
[S. 12D inserted by s. 23 (1) of Act 30 of 2000.]
12DA Deduction in respect of rolling stock
[S. 12DA inserted by s. 24 (1) of Act 35 of 2007.]
12E Deductions in respect of small business corporations
[S. 12E inserted by s. 12 of Act 19 of 2001 and amended by s. 31 (1) (a) of Act 45 of 2003.]
12F Deduction in respect of airport and port assets
[S. 12F inserted by s. 12 of Act 19 of 2001 and amended by s. 26 (1) (a) of Act 35 of 2007.] [S. 12G inserted by s. 12 of Act 19 of 2001 and repealed by s. 26 (1) of Act 22 of 2012.]
12G .. .
12H Additional deduction in respect of learnership agreements
[S. 12H inserted by s. 18 (1) of Act 30 of 2002 and substituted by s. 23 of Act 17 of 2009.]
12I Additional investment and training allowances in respect of industrial policy projects
[S. 12I inserted by s. 26 of Act 60 of 2008.]
12J Deductions in respect of expenditure incurred in exchange for issue of venture capital company shares
[S. 12J inserted by s. 27 (1) of Act 60 of 2008.]
12K Exemption of certi ed emission reductions
[S. 12K inserted by s. 26 (1) of Act 17 of 2009.]
12L Deduction in respect of energy ef ciency savings
[S. 12L inserted by s. 27 (1) of Act 17 of 2009 and substituted by s. 29 (1) of Act 22 of 2012.]
12M Deduction of medical lump sum payments
[S. 12M inserted by s. 28 (1) of Act 17 of 2009.]
6 SAIT CompendIum oF TAx LegISLATIon VoLume 1