Taxation Determination

TD 93/91W

Income tax: for a balance day adjustment to be deductible under subsection 51(1) of the Income Tax Assessment Act 1936, is it sufficient for it to be a contingent liability?

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This Determination has been replaced by TD 93/188
  This document has changed over time. View its history.

FOI status:

may be releasedFOI number: I 1214960

Notice of Withdrawal

Taxation Determination TD 93/91 has been withdrawn.

The Determination was replaced by Taxation Determination TD 93/188 with effect from the date on which that Determination was issued, 30 September 1993.

Commissioner of Taxation
9 December 1993

Previously issued as Draft TD 92/D158

References

ATO references:
NO PNR T95 Pt 6

Related Rulings/Determinations:

TD 93/188
IT 2625

Subject References:
deductions;
balance day adjustments;
contingent liabilities;
accrued expenses.

Legislative References:
ITAA 51(1)

Case References:
FC of T v James Flood Pty Ltd
(1953) 88 CLR 492
27 ALJ 481
10 ATD 240
(1953) ALR 903

Commonwealth Aluminium Corp. Ltd v FC of T
(1977) 32 FLR 210
7 ATR 376
77ATC 4151
Nilsen Development Laboratories Pty Limited v FC of T
(1981) 144 CLR 616
81 ATC 4031
11 ATR 505
55 ALJR 97
FC of T v Lau
84 ATC 4929
(1984) 16 ATR 55
Ogilvy and Mather Pty Ltd v FC of T
90 ATC 4836
95 ALR 663
21ATR 841
New Zealand Flax Investments Ltd v FC of T
(1938) 61 CLR 179
12 ALJ 313
Emu Bay Railway Co. Ltd v FC of T
(1944) 71 CLR 596