“agent” includes any partnership or company or any other body of persons corporate or unincorporate acting as an agent;
Category: Definitions – ITA
“Aggregate capital gain” definition of section 1 of ITA
“aggregate capital gain” means an amount determined in terms of paragraph 6 of the Eighth Schedule;
“Aggregate capital loss” definition of section 1 of ITA
“aggregate capital loss” means an amount determined in terms of paragraph 7 of the Eighth Schedule;
“Agreement” definition of section 24G of ITA
(1) For the purposes of this section –
“agreement” means an agreement concluded by the taxpayer in terms of which the taxpayer is entitled to operate a toll road;
“Agricultural co-operative” definition of section 27 of ITA
(9) In this section –
“agricultural co–operative” means any co–operative agricultural society or company or any farmers’ special co–operative company, as defined in the Co–operative Societies Act, 1939;
“Airport asset” definition of section 12F of ITA
(1) For the purposes of this section-
“airport asset” means any aircraft hangar, apron, runway or taxiway on any designated airport, and includes any earthworks or supporting structures forming part of such aircraft hangar, apron, runway or taxiway and any improvements to such aircraft hangar, apron, runway or taxiway; and
“Allowance asset” definition of Eighth Schedule
“allowance asset”…
[Definition of “allowance asset” deleted by section 54 of Act 34 of 2019]
“Allowance asset” definition of section 12P of ITA
(1) For the purposes of this section-
‘allowance asset’ means an asset as defined in paragraph 1 of the Eighth Schedule, other than trading stock, in respect of which a deduction or allowance is allowable in terms of this Act for purposes other than the determination of any capital gain or capital loss;
“Allowance asset” definition of section 19 of ITA
‘allowance asset’ means a capital asset in respect of which a deduction or allowance is allowable in terms of this Act for purposes other than the determination of any capital gain or capital loss;
“Allowance asset” definition of section 41 of ITA
(1) For the purposes of this Part, unless the context otherwise indicates, any word or expression that has been defined in section 1, shall bear the same meaning so defined, and-
‘allowance asset’ means-
(a) a capital asset in respect of which a deduction or allowance is allowable in terms of this Act for purposes other than the determination of any capital gain or capital loss; or
(b) any debt contemplated in section 11 (i) or (j);