INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 (ARCHIVE)
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-45
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RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS
Division 330
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Mining and quarrying
Subdivision 330-J
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Balancing adjustment
SECTION 330-72 (ARCHIVE)
330-72
What the old excess deduction provisions are
For the purposes of section 330-480 (When a balancing adjustment is required) of the Income Tax Assessment Act 1997 , the old excess deduction provisions are:
For the purposes of section 330-480 (When a balancing adjustment is required) of the Income Tax Assessment Act 1997 , the old excess deduction provisions are:
| Item | Mining Activity | Provisions of the Income Tax Assessment Act 1936 |
| 1. | General mining | 122DG(6) and 122J(4B) |
| . | ||
| 2. | Quarrying | 122JE(5) and 122JF(2) |
| . | ||
| 3. | Prospecting and mining for petroleum | 124ADG(6) and 124AH(4A) |
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