Question 33 Not yet answered Marked out of 1.00 Flag question Under South Africa's Income Tax Act, 58 of 1962, which statement below describes a prohibited deduction in determining a taxpayer's taxable income? Select one: Any amount paid by way of annuity during the year of assessment by any taxpayer, but with prescribed limits An allowance in respect of any expenditure actually incurred by the taxpayer in inventing something as considered an invention under the Patent Act, 57 of 1978 Interest which might have been made on any capital employed in trade The amount of any debts due to the taxpayer which have during the year of assessment become bad Expenditure and losses actually incurred in the production of the income ​