Transcription of SECOND DRAFT INTERPRETATION NOTE ACT : …
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SECOND DRAFT INTERPRETATION NOTE ACT : …
SECOND DRAFT SECOND DRAFT INTERPRETATION NOTE DATE: ACT : INCOME TAX ACT NO. 58 OF 1962 section : section 24C subject : allowance FOR future expenditure ON CONTRACTS Please note: This Note was released as a DRAFT in 2013. SARS has received requests to delay finalisation in order to allow for additional submissions on the interaction between trading stock and section 24C. After due consideration, SARS has agreed to issue an updated DRAFT for a SECOND round of comment. Additional submissions must be made on or before 31 May 2014.
second draft second draft interpretation note . date: act : income tax act no. 58 of 1962 . section : section 24c . subject : allowance for future expenditure on contracts
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