Income Tax Act, 1962 (Act 58 of 1962)
Chapter III: General Provisions
Part IIIA: Settlement of Dispute
88A. Definitions (Repealed)
[Repealed by the Tax Administration Act, 2011 (Act No. 28 of 2011)].
For the purposes of this Part—
‘dispute’ means a disagreement on the interpretation of either the relevant facts involved or the law applicable thereto, or of both the facts and the law which arises pursuant to the issue of an assessment;
‘settle’ means to resolve a dispute by compromising any disputed liability, otherwise than by way of either the Commissioner or the person concerned accepting the other party’s interpretation of the facts or the law applicable to those facts, or of both the facts and the law; and
‘settlement’ shall be construed accordingly.
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