Page 442 - SAIT Compendium 2016 Volume1

Table listing de nitions INCOME TAX ACT 58 OF 1962 Table listing de nitions
Income Tax Act
Value-Added Tax Act
Tax Administration Act
allowance asset (ss 12P, 19, 23O & 41; 8th Sch para 12A)
alternative method (s 24J)
amalgamated company (s 44)
amalgamation transaction (s 44)
an interest (8th Sch para 44)
ancillary service (s 24G)
ancillary transport services (s 1)
annual equivalent (4th Sch para 11B)
annuity amount (s 10A)
annuity contract (s 10A)
antedated salary or pension (s 7A)
appellant (ss 101 to 150 (Ch 9) – except in Part E of Chapter 9)
applicant (s 76B) – repealed
applicant (ss 75 to 90 (Ch 7))
application (s 76B) – repealed
application (ss 75 to 90 (Ch 7))
arrangement (s 80L) (s 80T – repealed)
arrangement (ss 34 to 39 & s 212 (Part B of Ch 4))
assessed capital loss (s 1)
assessed loss (ss 20 & 20A)
assessment (s 1)
assessment (s 1)
asset (ss 9H, 23G & 41; 8th Sch para 1)
asset (s 1) (s 192 – deleted)
asset-for-share transaction (s 42)
associated group of companies (s 41) – deleted
associated institution (ss 8C & 12H; 7th Sch para 1)
association not for gain (s 1)
auctioneer (s 54)
authorisation letter (s 74) – repealed
authorisation letter (ss 57, 57A, 57B, 57C, 57D & 58) – repealed
average exchange rate (s 1)
average repo rate (ss 23M & 23N)
avoidance arrangement (s 80L)
bank (ss 24JA & 50A)
Banks Act (s 1)
base cost (ss 12P & 41; 8th Sch para 1)
bene cial owner (s 64D)
bene ciary (s 1)
bene t (7th Sch para 12D)
bene t fund (ss 1 & 11)
binding class ruling (s 76B) – repealed
binding class ruling (ss 75 to 90 (Ch 7))
434 SAIT CompendIum oF TAx LegISLATIon VoLume 1