EXPENDITURE INCURRED IN THE PRODUCTION OF INCOME MUST BE DISTINGUISHED FROM A DISTRIBUTION OF INCOME ALREADY EARNED; THE FORMER IS DEDUCTIBLE FOR INCOME TAX PURPOSES, THE LATTER IS NOT ITC 1700 (2001) 63 SATC 206

Authors

  • RC Williams University of Natal

DOI:

https://doi.org/10.17159/ath9hn74

Keywords:

deduction of expenditure, Income Tax Act

Abstract

The general deduction provisions contained in section 11(a) of the Income Tax Act 58 of 1962 permit the deduction of expenditure which inter alia has been incurred in the production of income.

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Published

10-09-2025

Issue

Vol. 24 No. 2 (2003)

Section

Cases

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

RC Williams. (2025). EXPENDITURE INCURRED IN THE PRODUCTION OF INCOME MUST BE DISTINGUISHED FROM A DISTRIBUTION OF INCOME ALREADY EARNED; THE FORMER IS DEDUCTIBLE FOR INCOME TAX PURPOSES, THE LATTER IS NOT ITC 1700 (2001) 63 SATC 206. Obiter, 24(2). https://doi.org/10.17159/ath9hn74