WebApr 10, 2024 · 5.1 Section 147 of the Act empowers the assessing officer to reassess the income of the assessee subject to the provisions of Sections 148 to 151 of the Act in … WebIncome Tax Assessment Act 1997 - C2024C00078; In force - Latest Version; View Series; ... Subdivision 40-D, Section 40-340, Subdivision 328-G and Sections 328-430 and 328-450 of this Act have been modified by the operation of the Commissioner’s Remedial Power, ... s 900-1 to 995-1: 2.3MB: 0.2MB: 0.2MB: Volume 11: 127 pages Endnotes 1 to 3: 8.1MB:
Income Tax Assessment Act 1997 - legislation.gov.au
WebSep 7, 2015 · Schedule 1 amends the Income Tax Assessment Act 1997 and the Income Tax ... The term ‘in-house software’ is defined in section 995–1 of the Act and covers computer software, or a right (for example, a licence) to use computer software that the taxpayer acquires or develops (or has another entity develop) that is mainly for the … WebDec 15, 2024 · Section 995-1 of the ITAA 1997 provides the following as a definition of arm’s length: “arm’s length”: in determining whether parties deal at arm’s length consider any connection between them and any other relevant circumstance. farmers and merchants thats my bank
ATO ID 2004/613 Legal database
WebApr 10, 2024 · 5.1 Section 147 of the Act empowers the assessing officer to reassess the income of the assessee subject to the provisions of Sections 148 to 151 of the Act in case any income chargeable to tax has escaped assessment. 5.1.1 Prior to the applicability of Finance Act, 2024 with effect from 01.04.2024, for the provisions of section 149 then ... Web11-5 Entities that are exempt, no matter what kind of ordinary or statutory income they have 42 11-10 Ordinary or statutory income which is exempt, no matter whose it is.. 45 11-15 … WebJun 30, 2014 · Taxation law is defined in section 995-1 of the Income Tax Assessment Act 1997 to mean an Act (including a part of an Act) of which the Commissioner has the general administration, or regulations under such an Act. Taxation law also includes the TASA and regulations made under the TASA, for which the TPB has general administration. free online tax return 2020