allowance asset definition

allowance asset means an asset as defined in paragraph 1 of the Eighth Schedule, other than trading stock, in respect of which a deduction or allowance is allowable in terms of this Act for purposes other than the determination of any capital gain or capital loss;
allowance asset means a capital asset in respect of which a deduction or allowance is allowable in terms of this Act for purposes other than the determination of any capital gain or capital loss;
allowance asset means a capital asset qualifying for a deduction or allowance under the provisions of the Act; 10

More Definitions of allowance asset

allowance asset means— 45
allowance asset means an asset as defined in paragraph 1 of the Eighth
allowance asset means Shares, NWG Bonds, or other securities, debentures or debt (whether or not these are convertible) issued or to be issued by a Member of the Group, which may be used to satisfy an Allowance Instalment Payment;
allowance asset means a capital asset [qualifying for] in respect of which a deduction or allowance [under the provisions of the] is allowable in terms of this Act for purposes other than the determination of any capital gain or capital loss.";
allowance asset means a capital asset [qualifying for] in respect ofwhich a
allowance asset means an allowance asset as defined in section 41(1)(a);

Related to allowance asset

  • Reference Asset means a reference asset of the relevant Index or Investment Strategy in respect of a Series of ETP Securities as specified in the Final Terms.

  • Allowance means compensation payable to an employee in addition to the regular remuneration payable for the performance of the duties of his position.

  • Asset means any asset or property.

  • Asset Pool means a pool of cash-flow generating assets in which an issuer of a securitized product has a direct or indirect ownership or security interest;

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.