Treasury Laws Amendment (2024 Tax and Other Measures No. 1) Act 2024 (135 of 2024)

Schedule 3   Self-amendments by small and medium businesses

Income Tax Assessment Act 1936

2   After subsection 170(2)

Insert:

(2A) The Commissioner cannot amend an amended assessment under item 3A of the table in subsection (1) if the period of 4 years after the day on which the Commissioner gives notice of the original assessment concerned has ended.