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for FAC MAC ECS DSC TAX QMI FIN INV BNU STA tutorials
1. Total amount:
o Requirement: The gross income defini on refers to the “total amount” in cash or
otherwise received by or accrued to a taxpayer during the year of assessment.
o Applica on: The R45,000 was received by EE in March 2024, so this amount qualifies as
a "total amount" as it was received in cash.
2. Received by or accrued to:
o Requirement: An amount must be either “received by” or “accrued to” the taxpayer
during the year of assessment.
o Applica on: The R45,000 was deposited into EE’s bank account on 7 March 2024.
According to case law (e.g., Geldenhuys v CIR (1947)), “received by” implies that the
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