INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART III
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LIABILITY TO TAXATION
Division 3
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Deductions
Subdivision A
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General
SECTION 62AAB
62AAB
OBJECT OF POOLING OF DEPRECIABLE PROPERTY
The object of pooling is to provide taxpayers with a simplified method of quantifying the annual depreciation allowable in respect of 2 or more units of property which are depreciable at the same rate.
The object of pooling is to provide taxpayers with a simplified method of quantifying the annual depreciation allowable in respect of 2 or more units of property which are depreciable at the same rate.
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