WebApr 17, 2024 · See also Commissioner South African Revenue Service v Cape Consumers (Pty) Ltd 1999 (4) SA 1213 (C), 61 SATC 91, in which the court held that monies received by the respondent - which operated as a ‘buyers’ club’ - that it was bound, in terms of its articles of association and contractual relationship with its members, to … WebSection 11(d) “repair” Flemming v KBI CIR v African Products Manufacturing Co Ltd. Section 20 “carrying on of trade” SA Bazaars (Pty) Ltd v CIR Robin Consolidated …

Court Cases Part 2 Short version - StuDocu

Web8 CIR v Delfos 1933, (AD) 242, 6 SATC 92 at 111 and Hersov’s Estate v CIR, 1957 (1) SA 471 (A), 21 SATC 106. 9 Meaning an incidental remark not establishing legal precedent. 10 In the People’s Stores case. 11 Smith, A. 1776. An Inquiry into the Nature and Causes of the Wealth of nations, London: Methuen & Co., Ltd. WebJoffe & Co (Pty) Ltd v CIR . Watermeyer CJ explained the distinction between the words “loss” and “expenditure” as follows: 3 “In relation to trading operations the word [loss] is sometimes used to signify a ... SARS v Labat Africa Ltd. 2013 (2) SA 33 (SCA), 74 SATC 1; Ackermans Ltd v C: SARS. 2011 (1) SA 1 (SCA), 73 SATC 1. 7. ITC ... chinook ultralight plans

CIR v Li & Fung (Trading) Limited - HKWJ Tax Law

Web1Lever Brothers and Unilever Ltd and Associated Enterprises Ltd, two English companies, were assessed for South African income tax for the 1940 to 1942 years of assessment on money received by them from Overseas Holdings (Pty) Ltd, a South African company. As the parties had agreed that the position of Lever Brothers and WebCIR v. Cosmotron Manufacturing Co. Ltd. 4 HKTC 562, Lord Nolan at the Privy Council observed that the ... SO Kai-tong, Stanley trading as Stanley So & Co. v. CIR 6 HKTC … WebAfrican Income Tax Volume 1 (1995 ff)) by De Koker at par 2-5; CIR v Cape Consumers (Pty) Ltd 1999 4 SA 1213 (C) 1223AI]. In Secretary for Inland Revenue v Smant 1973 1 … chinook ultrasound