Commissioner for Inland Revenue -vs- Genn & Co (Pty) Ltd
Tax Deductible expenses-Section 15 of the Income Tax Act
“In deciding how the expenditure should properly be regarded the court has to assess the closeness of the connection between the expenditure and the Income earning operations, having regard both to the purpose of the expenditure and to what it actually effects.”
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Resource Information
Author |
Firu |
|---|---|
Category |
Litigation Corner, Pleading Aids |
