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Income Tax Act, 1962 (Act No. 58 of 1962)


2007 Regulations

Regulations 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 amount

Part 5: Compromise of tax debt

14. Commissioner not bound by compromise


The Commissioner will not be bound by the compromise if—

(a) the debtor failed to make full disclosure of all material facts to which the compromise relates;
(b) the debtor supplied any materially incorrect information to which the compromise relates;
(c) the debtor fails to comply with any provision or condition contained in the agreement contemplated in paragraph 13; or
(d) the debtor is liquidated or his or her estate is sequestrated before that debtor has fully complied with all conditions contained in the agreement as contemplated in paragraph 13.