Total Amount In Cash Or Otherwise Flashcards
(2 cards)
1
Q
Lategan
A
The term amount must be given a wider meaning and must not only include money, but also the value of every property earned by the TP , whether corporeal or incorporeal, which has a monetary value.
2
Q
Butcher bros
A
The onus is on SARS to determine the amount.
If there is no amount that can be determined there will be no gross income.