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 3Permanent write-off of tax debt6. Permanent write-off of tax debt |
| (1) | The Commissioner may permanently write-off an amount of tax debt:— |
| (a) | to the extent that the Commissioner is satisfied, at that time, that the tax debt is irrecoverable at law as contemplated in paragraph 7; or |
| (b) | if the Commissioner compromised a tax debt in terms of Part 5. |
| (2) | The Commissioner must notify the debtor, in writing, of any amount of tax debt permanently written off. |
