INCOME TAX ASSESSMENT ACT 1997 - SECT 40.1020 Certain expenditure disregarded
INCOME TAX ASSESSMENT ACT 1997 - SECT 40.1020
Certain expenditure disregardedIn working out a deduction under this Subdivision in relation to the establishment of trees, disregard expenditure incurred:
(a) in draining swamp or low - lying land; or
(b) in clearing land.