Income Tax Act, 1962 (Act No. 58 of 1962)
Regulations in terms of section 12T(8) of the Income Tax Act, 1962, on the requirements for Tax Free Investment
Part VII : Composition of tax free investment
14. Derivative instrument in respect of a tax free investment
A derivative instrument may be utilised as an asset underlying a tax free investment only to the extent that the derivative is utilised for the purposes of reducing the risk of loss or reducing cost (without any increase in risk of loss) in respect of the tax free investment.
Best Selling Products