Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 40.235

    The * cost of a * depreciating asset does not include an amount to the extent that section   26 - 97 prevents the amount from being deducted (even if some other provision also prevents it being deducted).

Note:   Section   26 - 97 denies deductions for National Disability Insurance Scheme expenditure.