Expenditure Incurred | Production of Income. Pre-Trade. Embezzlement or TheftWritten by: Tax A Sured (Pty) Ltd | Posted on: 26-11-2024 | Category: Legislation | Embezzlement or Theft Expenditure Incurred Income Tax Act Pre-Trade Production of Income Deductible ExpensesUnderstanding Deductible Expenses Under the Income Tax Act The principle of "expenditure incurred in the production of income" is foundational to understanding ...