Page 449 - 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
further education and training (9th Sch Part II para 3)
gain (s 8B)
gas (10th Sch para 1)
goods (s 37H)
goods (s 1)
government grant (s 12P) (s 1 – deleted)
grant (s 1)
green eld project (s 12I)
gross income (s 1)
group of companies (ss 1, 41 & 64B)
group of companies (s 22(3A) & (6))
headquarter company (s 1)
higher education (9th Sch Part II para 3)
higher education institution (9th Sch Part II para 3)
hold (s 41)
holder (s 24J)
holders of shares (1st Sch para 12)
holding company (ss 45 & 47)
hotel keeper (s 1)
housing project (s 13ter)
hybrid debt instrument (s 8F)
hybrid equity instrument (s 80M)
hybrid equity instrument (s 8E)
hybrid interest (s 8FA)
identical assets (8th Sch para 32)
IDZ (s 1) (pendlex)
IDZ operator (s 1) (pendlex)
identical security (s 1)
identical share (s 1)
IFRS (s 1)
immovable property (s 35A)
impermissible avoidance arrangement (s 80L)
impermissible trade (s 12J)
importation (s 1) (pendlex)
imported services (s 1)
improvements (ss 13 & 27)
inbound duty and tax free shop (s 1) – to be deleted
income (s 1)
income instrument (s 24J)
income tax (s 1)
SAIT CompendIum oF TAx LegISLATIon VoLume 1 441
INCOME TAX ACT – DEFINITIONS