Port elizabeth tramway case

Web1The Port Elizabeth Tramway Company Limited was founded in 1879 as a subsidiary of the Cape Town Tramway company.16 Two years later, on 14 May 1881,17 the Port Elizabeth … WebNov 6, 2024 · This paper presents the Nelson Mandela Bay Metropolitan Municipality’s (NMBMM) bus rapid transit (BRT) system in Port Elizabeth, South Africa, as one of the key infrastructure projects for the 2010 FIFA World Cup. The BRT system was intended to perform as a two-phase project following a design-bid-build approach with the aim of …

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WebAug 15, 2016 · By Dean McCleland in Port Elizabeth of Yore 15 Aug 2016 0 Comment. Horse drawn trams possessed manifold limitations foremost amongst them was the fact that the CBD has been built at the foot of an imposing hill which was impassable for these vehicles. Notwithstanding this, the Port Elizabeth tramway network was opened on 14 May 1881 … WebIn the Port Elizabeth Tramway case Watermeyer AJP, as he then was, who delivered the judgment of the Cape Provincial Division, referred to the unlawfulness or negligence of an act done for the purpose of carrying on the trade that earns the income as follows: ‘If the act done is unlawful or negligent and t he attendant expense is occasioned by … diamond sports goregaon https://megerlelaw.com

Guide: Zwide of Port Elizabeth in South Africa Tripmondo

http://thecasualobserver.co.za/port-elizabeth-yore-early-years-electric-trams/ WebIn the Port Elizabeth Tramway case Watermeyer AJP, as he then was, who delivered the judgment of the Cape Provincial Division, referred to the unlawfulness or negligence of an act done for the purpose of carrying on the trade that earns the income as follows: 8If the act done is unlawful or negligent and the attendant expense is occasioned by ... WebJan 1, 2015 · The Port Elizabeth Electric Tramway case:1 Is the meaning ascribed to the phrase “in the production of the income” by Watermeyer AJP in the Port Elizabeth Electric Tramway case still... cisco ucs c220 m3be

Guide: Zwide of Port Elizabeth in South Africa Tripmondo

Category:ACT : INCOME TAX ACT NO. 58 OF 1962 SECTION : SECTION …

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Port elizabeth tramway case

The deductibility of a taxpayer’s losses incurred as a result of an ...

WebNov 11, 2024 · On 5 November 2024, the South African Revenue Service (SARS) issued Binding Private Ruling 369 (Ruling), which deals with the deductibility of interest pursuant … WebIn this regard, the court referred to the well-known case of Port Elizabeth Electric Tramway Co Ltd v CIR [1936] 8 SATC 13, in which it was held that two questions arise when considering whether an expense is in the production of income, namely: 1) whether the act to which the expenditure is attached is performed in the production of income, and

Port elizabeth tramway case

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WebExpenditure is a voluntary payment of money.Port Elizabeth Electric tramway: -Losses refer to losses of floating capital. -Expenditure does not only refer to cash outflow, but to liabilities, which may be settled in cash or otherwise. Edgars stores: The turnover need to be determined first before making a payment. WebThe Port Elizabeth Electric Tramway Case: Is the Meaning Ascribed to the Phrase “In the Production of the Income” By Watermeyer AJP in the Port Elizabeth Electric Tramway …

http://www.saflii.org/za/cases/ZASCA/1993/89.pdf WebMar 8, 2013 · In the court case of Port Elizabeth Electric Tramway Co Ltd v CIR (1936 CPD), Judge AJP Watermeyer stated that the expense incurred should be closely linked to or …

WebThe Port Elizabeth tramway network formed part of the public transport system in Port Elizabeth, South Africa, for nearly 70 years until the end of the 1940s. History [ edit] Opened in 14 May 1881, the Port Elizabeth … WebStudy the following important cases for this requirement: In Port Elizabeth Electric Tramway Co Ltd vs CIR (1936 CPD), the court established that one man may conduct his business extravagantly, incurring expenses that another man does not incur. Such expenses are not necessary, but they are incurred, and are therefore, deductible. The word 'incurred' does …

WebAs a general rule, the courts have repeatedly upheld the tests laid down in the Port Elizabeth Tramway case This distinction is well illustrated by the situation in which legal expenses are incurred by a landlord in an appeal to the rent board.

WebAug 26, 2015 · The Supreme Court of Appeal in the comparatively recently decided cases of C:SARS v Mobile Telephone Networks Holdings (Pty) Ltd and Warner Lambert SA (Pty) Ltd … diamond sports group debtWebJan 5, 2009 · The facts of this particular case (reported as Port Elizabeth Electric Tramway Co v Commissioner for Inland Revenue 1936 CPD 241, 8 SATC 13) are as follows. The taxpayer, as the title of... cisco ucs b200 m6 serverWebOct 21, 2024 · In this regard, the court referred to the well-known case of Port Elizabeth Electric Tramway Co Ltd v CIR 8 SATC 13, in which it was held that two questions arise … diamond sports group board of directorsWebThe Port Elizabeth Electric Tramway case did not fully clarify the position of the law with regard to the deductibility of damages and associated legal costs.5 The facts of the case … diamond sports group bankruptcy docket krollWebpartners and the “new” partners’ liability therefore. In the case of a company, this problem did not arise as the company retained continuity of its existence irrespective of the amount of participating practitioners in its business of conducting the medical practice. 3. The income tax to be paid by the company on the fees received from diamond sports group bankruptcy docketWebCustomer care: 0860 109 330 / +27 11 351-9400 (International) [email protected]. . . LOCATION Latitude 34 ° 01' S (3357, 5 S), Longitude … diamond sports group bankruptcy claims agentWebThe Tramways Building, Nelson Mandela Bay, Port Elizabeth, Eastern Cape. 6,886 likes · 25 talking about this · 13,407 were here. Location Coordinates:Latitude : -33° 57' 54.95" S Longitude : 25°... The Tramways … diamond sports group logo