INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 3 - Provisional tax  

Subdivision A - General provisions  

SECTION 221YE  

221YE   ENTITLEMENT TO PROVISIONAL TAX CREDIT  
If a taxpayer has paid provisional tax, or an instalment of provisional tax, in respect of income of any year of income, and:

(a) an assessment of income tax in respect of that income has been made; or

(b) the Commissioner is satisfied that no income tax will be payable in respect of that income;

the taxpayer is entitled to a credit equal to the amount of that provisional tax or that instalment of provisional tax.