INCOME TAX ASSESSMENT ACT 1997 - SECT 15.35 Interest on overpayments and early payments of tax
INCOME TAX ASSESSMENT ACT 1997 - SECT 15.35
Interest on overpayments and early payments of tax Your assessable income includes interest payable to you under
the Taxation (Interest on Overpayments and Early Payments) Act 1983 . The
interest becomes assessable when it is paid to you or applied to discharge a
liability you have to the Commonwealth.