Page 455 - 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
professional service (6th Sch para 1)
pro t (s 64B)
project (s 37H)
promoter (s 80T) – repealed
‘promoter’, in relation to an ‘arrangement’ (ss 34 to 39 & s 212 (Part B of Ch 4))
Promotion of Access to Information Act (s 1)
property (s 55)
property company (s 25BB)
property in possession (s 16(j))
property shares (ss 9G & 11)
proposed transaction (ss 75 to 90 (Ch 7))
protected cell company (s 9D)
provident fund (s 1; 2nd Sch para 1)
provident preservation fund (s 1)
provisional tax (4th Sch para 1)
provisional taxpayer (4th Sch para 1)
public authority (s 1)
public bene t activity (s 30)
public bene t organisation (s 30)
public college (9th Sch Part II para 3)
Public Finance Management Act (s 1)
public notice (s 1)
public of cer (s 1)
Public Private Partnership (s 1)
public sector fund (2nd Sch para 1)
purchase price (s 13quat)
purchaser (s 10A)
qualifying CDM project (s 12K)
qualifying company (ss 12J, 12R, 12S, 37H & 64B)
qualifying distribution (s 25BB)
qualifying equity share (s 8B)
qualifying interest (s 42) (s 44 – deleted)
qualifying investor (s 1)
qualifying medical expenses (s 6B)
qualifying person (Sch 1 item 413.00)
qualifying project (s 37H)
qualifying purpose (ss 8E & 8EA)
SAIT CompendIum oF TAx LegISLATIon VoLume 1 447
INCOME TAX ACT – DEFINITIONS