WebCIR v People’s Stores (Walvis Bay) (Pty) Ltd. 5. the court, in applying this principle , held that the right to claim payment of a debt in the future was of such a nature that a value … WebCIR v People’s Stores (Walvis Bay) (Pty) Ltd 1990 . Accrued to. The taxpayer, a retailer, sold goods to its customers on a 6 month instalment credit basis. The court was called upon to decide whether amounts which would become receivable after the end of the year of assessment had in fact accrued to the taxpayer.

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WebCIR v People’s Stores (Walvis Bay) (Pty) Ltd 1990 (2) SA 353 (A); 52 SATC 9 – ... Ltd and Others, 69 SATC 205, CIR V People’s Stores (Walvis Bay) (Pty) Ltd 52 SATC 9, and Cactus Investments (Pty) Ltd V CIR 61 SATC 43, that the debt must be one in respect of which the debtor is under an obligation to pay immediately. ... how many calories in a cake slice

DRAFT INTERPRETATION NOTE ACT : INCOME TAX ACT 58 OF …

Web(Lategan v CIR 1926 CPD 203; CIR v People s Stores (Walvis Bay) (Pty) Ltd 1990 (2) SA 353A). The taxpayer s argument The taxpayer argued that in order to give rise to an accrual the right to claim payment from its customers must be unconditional. WebCIR v People's Stores (Walvis Bay) (Pty) Ltd An amount 'accrues to' a taxpayer when the taxpayer is 'entitled to payment' and not when the amount becomes 'due and payable' in … WebPeople v. Phillips - 64 Cal. 2d 574, 51 Cal. Rptr. 225, 414 P.2d 353 (1966) Rule: A wide discretion reposes in the trial court to determine the sufficiency of the qualifications of … high res audio over bluetooth