Tax2601 Assesment 3 2023
TASK 1
a) List requirements of Gross income defini on
The income must be received or accrued by the taxpayer.
The income must be in the form of cash or otherwise.
The income must not be of a capital nature
The income must not be of a tax-exempt nature
The income must be earned during the tax year
The income must be from a source within South Africa
TASK 1
a) List requirements of Gross income defini on
The income must be received or accrued by the taxpayer.
The income must be in the form of cash or otherwise.
The income must not be of a capital nature
The income must not be of a tax-exempt nature
The income must be earned during the tax year
The income must be from a source within South Africa
