Supreme Court Act, 1959
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Regulations2007 RegulationsRegulations issued under Section 91A, prescribing the circumstances under which the Commissioner may write-off or compromise any amount of tax, duty, levy, charge, interest, penalty or other amountPart 5: Compromise of tax debt14. Commissioner not bound by compromise |
The Commissioner will not be bound by the compromise if—
| (a) | the debtor failed to make full disclosure of all material facts to which the compromise relates; |
| (b) | the debtor supplied any materially incorrect information to which the compromise relates; |
| (c) | the debtor fails to comply with any provision or condition contained in the agreement contemplated in paragraph 13; or |
| (d) | the debtor is liquidated or his or her estate is sequestrated before that debtor has fully complied with all conditions contained in the agreement as contemplated in paragraph 13. |
