INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 (ARCHIVE)
If the whole or part of a deduction for the 1996-97 income year is disallowed because of subsection 122DG(6) , 122JE(5) or 124ADG(6) of the Income Tax Assessment Act 1936 then that whole or part is taken to be:
(a) allowable capital expenditure incurred by you in the 1997-98 income year; and
(b) because of section 330-310 of the Income Tax Assessment Act 1997 , deductible by you under section 330-80 of that Act in the 1997-98 income year.
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