TAX2601 Assignment 1 Semester 1 2026 - Due 8 April 2026



QUESTION 1 (13 marks, 16 minutes)

Dzindu Properties (Pty) Ltd (Dzindu) is a South African resident company that builds and sells residential

houses in and around Vhembe (Limpopo Province). The company’s financial year ends on 30 March.

During a severe rainstorm in the area in November 2025, a river broke its banks and washed away several

recently finished houses that were in the market for sale. The properties were totally destr...
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