Page 445 - 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
Customs and Excise Act (s 1) – to be deleted
Customs and Excise Act (s 1)
customs controlled area (s 1)
customs controlled area enterprise (s 1) – to be deleted
Customs Duty Act (s 1) (pendlex)
date of acquisition (s 41)
date of approval (s 12I)
date of assessment (s 1) – deleted
date of assessment (s 1)
date of distribution (8th Sch para 74) – deleted
date of grant (s 8B)
date of issue (ss 8E & 8F)
date of redemption (ss 24J & 24K)
date of sequestration (s 1)
date of sequestration (s 1)
day (s 83)
debt (s 19; 8th Sch para 12A)
debt instrument (s 23K) – deleted
debt security (s 2)
debtor (s 23M)
debtor (ss 192 to 207 (Ch 14))
decision (ss 101 to 150 (Ch 9))
declared (s 64B)
default (ss 225 to 233 (Part B of Ch 16))
deferred interest (s 24J)
de ned bene t component (7th Sch paras 1 & 12D)
de ned contribution component (7th Sch paras 1 & 12D)
demand instrument (s 24K) (s 24J – deleted)
dependant (ss 6A, 6B & 12M)
depreciable asset (s 1)
derivative (s 24JB)
derivative (s 2)
design (s 11B) – deleted
designated airport (s 12F)
designated entity (s 1)
Designated National Authority (s 12K)
Designs Act (s 1)
determined value (7th Sch para 7)
developer (s 13quat)
developer (s 18B)
Development Bank of Southern Africa (s 50A)
Diamond Export Levy Act (s 1)
SAIT CompendIum oF TAx LegISLATIon VoLume 1 437
INCOME TAX ACT – DEFINITIONS