Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-1 - ASSESSABLE INCOME  

Division 20 - Amounts included to reverse the effect of past deductions  

Subdivision 20-B - Disposal of a car for which lease payments have been deducted  

Miscellaneous rules

SECTION 20-145  

20-145   No amount included if you inherited the car  

You do not include an amount in your assessable income because of the disposal if you inherited the ^* car.