This document discusses allowable and unauthorized income tax deductions under Mauritian law. It references sections 17 and 18 of the Income Tax Act of 1995 which concern deductions connected to employment and expenditures incurred in producing income, requiring they be incurred wholly and exclusively for producing gross income. The Second Schedule of the Act is also referenced in section 26(3) regarding deductions.
This document discusses allowable and unauthorized income tax deductions under Mauritian law. It references sections 17 and 18 of the Income Tax Act of 1995 which concern deductions connected to employment and expenditures incurred in producing income, requiring they be incurred wholly and exclusively for producing gross income. The Second Schedule of the Act is also referenced in section 26(3) regarding deductions.
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This document discusses allowable and unauthorized income tax deductions under Mauritian law. It references sections 17 and 18 of the Income Tax Act of 1995 which concern deductions connected to employment and expenditures incurred in producing income, requiring they be incurred wholly and exclusively for producing gross income. The Second Schedule of the Act is also referenced in section 26(3) regarding deductions.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
TAXATION Allowable v/s Unauthorised deduction Income Tax Act 1995 & The Income Tax Regulations 1996
GN 78 of 1996 - 1 July 1996
Section 17. Deduction in connection with employment
Section 18. Expenditure incurred in the production of income Wording: WHOLLY AND EXCLUSIVELY IN PRODUCTION OF GROSS INCOME Second Schedule ITA 1995 Section 26 (3)