INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART III
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LIABILITY TO TAXATION
Division 10AA
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Prospecting and mining for petroleum
SECTION 124AP
124AP
COMMISSIONER TO DETERMINE DEDUCTIONS ATTRIBUTABLE TO PARTICULAR EXPENDITURE
For any purpose of this Act, the Commissioner may determine the extent to which a deduction allowed or allowable under this Division is to be treated as attributable to particular expenditure that has been taken into account in the calculations by which the entitlement of the taxpayer to the deduction has been ascertained.
View history note
Hide history noteFor any purpose of this Act, the Commissioner may determine the extent to which a deduction allowed or allowable under this Division is to be treated as attributable to particular expenditure that has been taken into account in the calculations by which the entitlement of the taxpayer to the deduction has been ascertained.
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