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Income Tax Act, 1962 (Act 58 of 1962)

Chapter III: General Provisions

Part II: Assessments

Part IIA

80K. Interest (Repealed)



[Repealed by the Tax Administration Act, 2011 (Act No. 28 of 2011)].


Where the Commissioner has applied this Part in determining a party’s liability for tax, the Commissioner may not exercise his or her discretion in terms of section 89quat (3) or (3A) to direct that interest is not payable in respect of that portion of any tax which is attributable to the application of this Part.