Deductions not allowable in determination of taxable income (s23)


Duration: 0.5 Hour

Price: R49.00

Video Type: Single

...

Deductions not allowable in determination of taxable income (s23)

Duration: 0.5 hour

Price: R49.00


Back
Title / Topic

Deductions not allowable in determination of taxable income (s23)


OUTCOMES OF TOPIC
After studying this topic related to non-deductible amounts debited to the Income Statement, you should be able to:
✓ Understand what is meant by “non-deductible amounts debited to the Income Statement”;
✓ Name the report contained in the Financial Statements used to complete the “Income Statement” section on the ITR14 tax return;
✓ Understand what is meant by “prohibited deductions” and why section 23 overrides other tax provisions;
✓ Select the correct adjustment fields on the ITR14 Tax Computation under which non-deductible amounts reflected in the Income Statement (Statement of Profit or Loss and Other Comprehensive Income) must be completed.

Related Webinars

...

Farming Stock


0.36 Hour
R105.00

...

Exemptions from donations tax


0.19 Hour
R49.00

...

Principles of South African cross-border transactions


0.1 Hour
R129.00

Need Help ?

Explore Smarty