In the IT14 income tax return, the following question is asked: “Was a certificate obtained by the company in terms of the conservation of agricultural resources act, 1983 (s17A)?” Kindly advise as to how and from where the certificate is obtained.
Author: Graham Walker
Important:
This answer is based on tax law year ending 28 February 2021.
Answer:
Relevant law:
Step 1: s 17A of the Income Tax Act No.58 of 1962 (“ITA”).
Other resources: · S 4 of the Conservation of Agricultural Resources Act No. 43 of 1983(“CARA”).
Comment on member’s query:
We suggest the starting point should be the Department of Agriculture, cited in the CARA. The above guidance should lead you to the correct action.