IN 121 – 140

Interpretation Notes are intended to provide guidelines to stakeholders (both internal and external) on the interpretation and application of the provisions of the legislation administered by the Commissioner.

These Notes will ultimately replace the existing General Notes and Practice Notes, as well as internal Circular Minutes, to the extent that they relate to the interpretation of the various laws. The Notes will be amended when necessary in line with policy developments and changes in legislation.

Number	Subject	Applicable Legislation
IN 121 New!	Deduction of medical lump sum payments	Income Tax Act, 1962	Section 12M