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

Regulations

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
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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.