INCOME TAX ASSESSMENT ACT 1997 - SECT 43.195 Use for R&D activities must be in connection with a business
INCOME TAX ASSESSMENT ACT 1997 - SECT 43.195
Use for R&D activities must be in connection with a businessYou are taken not to use capital works for * R&D activities unless you do so in connection with a business that you carry on for the * purpose of producing assessable income.
Note: This section affects Tables 43 - 90 and 43 - 140.