Income Tax Assessment Act 1936

PART III - LIABILITY TO TAXATION  

Division 9C - Assessable income diverted under certain tax avoidance schemes  

SECTION 121J  

121J   ASCERTAINMENT OF DIVERTED INCOME OR DIVERTED TRUST INCOME DEEMED TO BE AN ASSESSMENT  

The ascertainment of the amount of the diverted income or diverted trust income and of the tax payable thereon shall, for all purposes of this Act be deemed to be an assessment.