Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-5
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RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS
Division 28
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Car expenses
Subdivision 28-I
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Retaining the log book and odometer records
SECTION 28-155
Retaining odometer records
28-155(1)
You must retain your odometer records relating to the period when you * held the * car in the income year.
28-155(2)
If you keep a log book for the income year, you must retain the odometer records for the same period as the log book, and section 28-150 applies to them in the same way as it applies to the log book.
28-155(3)
If you don't keep a log book for the income year, you must retain the odometer records for the same period as written evidence of a * car expense for the * car for the income year, and section 900-75 applies to them in the same way as it applies to written evidence of an expense.
You must retain your odometer records relating to the period when you * held the * car in the income year.
28-155(2)
If you keep a log book for the income year, you must retain the odometer records for the same period as the log book, and section 28-150 applies to them in the same way as it applies to the log book.
28-155(3)
If you don't keep a log book for the income year, you must retain the odometer records for the same period as written evidence of a * car expense for the * car for the income year, and section 900-75 applies to them in the same way as it applies to written evidence of an expense.
Note:
Section 900-75 is about retaining written evidence of a car expense.
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