INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART XII - DROUGHT INVESTMENT ALLOWANCE  

Division 3 - Leasing company deduction  

Subdivision A - Entitlement to deduction  

SECTION 639  

639   $5,000 LIMIT ON DEDUCTION FOR ANY ONE ITEM  
The deduction allowable to the taxpayer for the item is limited to $5,000.