INCOME TAX ASSESSMENT ACT 1997 - SECT 40.235 Adjustment: National Disability Insurance Scheme costs
INCOME TAX ASSESSMENT ACT 1997 - SECT 40.235
Adjustment: National Disability Insurance Scheme costsThe * cost of a * depreciating asset does not include an amount to the extent that section 26 - 97 prevents the amount from being deducted (even if some other provision also prevents it being deducted).
Note: Section 26 - 97 denies deductions for National Disability
Insurance Scheme expenditure.