1

A balancing adjustment for a depreciating asset is included in your assessable income.

40-285(1) and 40-445(2)

2

An amount you receive by way of insurance or indemnity for a loss of trading stock is included in your assessable income.

70-115

2A

Limited recourse debt that was used to finance expenditure deductible under a capital allowance (or on property for which you have deducted or can deduct amounts under a capital allowance) terminates: an amount is included in your assessable income

243-40

3

Because of:

•      petroleum resource rent tax; or

•      an instalment of petroleum resource rent tax;

that you have deducted or can deduct, an amount is refunded, credited, paid or applied: the amount is included in your assessable income.

40-750(3)

4

You receive a fringe benefit by way of reimbursement or payment of a loss or outgoing you incurred: your deduction for the loss or outgoing is reduced.

51AH

7

You receive an amount as recoupment for your local governing body election expenses: an amount is included in your assessable income.

74A(4)

8

You receive superannuation benefits as a result of someone's deductible contributions: the benefits are included in your assessable income.

290-100

9

An R&D entity receives or becomes entitled to receive an amount:

•      for, or relating to, the results of R&D activities; or

•      attributable to it incurring expenditure on R&D activities or to its use of a depreciating asset for the purpose of conducting R&D activities;

and the entity is entitled under Division 355 to a tax offset relating to those R&D activities.

The amount is included in its assessable income.

355-410

10

You receive a recoupment from government relating to R&D activities for which entitlements to tax offsets under Division 355 arise.

Extra income tax is payable on the recoupment.

Subdivision 355-G