Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 295-320 295-320 Other amounts included in assessable income
The assessable income of an entity includes the amounts as set out in this table.
Note:
For an explanation of the acronyms used, see section 295-35 .
| Amounts included in assessable income | |||
| Item | Assessable income of this entity: | Includes: | For the income year: |
| 1 | PST | Amount transferred to it by a CSF or CADF under section 295-260 | Of the PST that includes the last day of the transferor ' s income year to which the agreement relates |
| 2 | N-CSF that was a CSF for the previous income year | * Ordinary income and * statutory income from previous years worked out under section 295-325 | Following the income year in which it was a CSF |
| 3 | CSF; or
N-CSF that is an * Australian superannuation fund for the income year and that was a * foreign superannuation fund for the previous income year |
* Ordinary income and * statutory income from previous years worked out under section 295-330 | Following the income year in which it was a foreign superannuation fund |
| 4 | CSF | The part of a rebate or refund of an insurance premium that is attributable to an amount deducted under an item of the table in subsection 295-465(1) | In which the rebate or refund is received |
| 5 | * RSA provider | The part of a rebate or refund of an insurance premium that is attributable to an amount deducted under section 295-475 | In which the rebate or refund is received |
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