Category: Section 224 (TAA) – Objection and appeal against imposition of understatement penalty

Section 224

 

Section 224 substituted by section 74 of Act 21 of 2012 effective on 1 October 2012 and section 77 of Act 39 of 2013 effective on 1 October 2012.

Section 224 (TAA) – Objection and appeal against imposition of understatement penalty

Posted on by admin_kmos

224.    Objection and appeal against imposition of understatement penalty

 

The imposition of an understatement penalty under section 222 or a decision by SARS not to remit an understatement penalty under section 223(3), is subject to objection and appeal under Chapter 9.