Commonwealth Consolidated Acts

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 20.1

                   Subdivision 20‑A of the Income Tax Assessment Act 1997 applies to an assessable recoupment received in the 1997‑98 income year or a later income year of a loss or outgoing whenever incurred.

Table of sections

20‑100      Application of Subdivision 20‑B of the Income Tax Assessment Act 1997

20‑105      The cost of a car acquired in the 1996‑97 income year or an earlier income year

20‑110      The termination value of a car disposed of in the 1996‑97 income year or an earlier income year

20‑115      Reducing the assessable amount for the disposal of a car in the 1997‑98 income year or later if there has been an earlier disposal of it