TAX2601
Assignment 3 Semester 1 2024
Detailed Solutions, Workings & Explanations
Unique number:
Due Date: 8 April 2024
QUESTION 1
a. (2 ANSWERS PROVIDED)
The R900 sale of the blue high heel shoes by Buy-a-lot (Pty) Ltd will constitute gross income
for the 2024 year of assessment if it meets the requirements of the gross income definition.
The requirements are as follows:
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