S 139DG repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections
83A-5(1)
and
(2)
of the
Income Tax (Transitional Provisions) Act 1997
. S 139DG formerly read:
SECTION 139DG AMENDMENT OF ASSESSMENTS TO ACCOUNT FOR REDUCTIONS OF AMOUNTS INCLUDED IN ASSESSABLE INCOME
139DG(1)
If:
(a)
an amount has been included in a taxpayer's assessable income of a particular year of income; and
(b)
that amount is reduced or increased because of a change in the extent (if any) of the application of section
23AF
or
23AG
or subsection
139B(1A)
in relation to the amount during a subsequent year of income;
section
170
does not prevent the amendment of an assessment, for the purpose of giving effect to the reduction or increase, at any time during the period of 4 years starting immediately after the income year during which the period of employment or service relating to the acquisition of the share or right in question ends.
139DG(2)
In paragraph (1)(b):
(a)
the reference to an amount being reduced includes a reference to the amount being reduced to a nil amount; and
(b)
the reference to an amount being increased includes a reference to the amount being increased from a nil amount.
S 139DG inserted by No 64 of 2005. For application provision, see note under definition of
"
eligible foreign remuneration
"
in s 23AF(18).
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