Which Source Code must I use, when I take out a loan from either a bank or a policy?

By Marc Sevitz · Updated

If I take a loan either from a bank or from my policy which source code should I put on the tax return & where (under which heading? Income Received/Other Income)?Where can I find the document with the Source code relating to the above question? I downloaded the source codes booklet from SARS but there is no explanation on it for loans.
TaxTim Marc

TaxTim Marc said:
24 June 2014 at 21:49

You do not include loans on your tax return as these are not considered income.
Soucecode777

Soucecode777 said:
25 June 2014 at 19:26

Okay! Thank you very much. I see where I went wrong.
TaxTim Marc

TaxTim Marc said:
26 June 2014 at 7:22

Only a pleasure!
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