Commonwealth Numbered Acts

INCOME TAX ASSESSMENT AMENDMENT ACT 1983

TABLE OF PROVISIONS

   1.      Short title.  
   2.      Commencement  
   3.      Exemption of certain film income  
   4.      Certain items of assessable income  
   5.      Certain film proceeds included in assessable income  
   6.      Interpretation  
   7.      Calculation of taxable income  
   8.      Divisible amounts of assessable income  
   9.      Divisible deductions  
   10.     Special depreciation on property used for storage of grain, hay or fodder  
   11.     Limit on cost price for depreciation of motor vehicle  
   12.     Special depreciation on plant  
   13.     Special depreciation on property used for primary production  
   14.     Special depreciation on property used for basic iron or steel production  
   15.      
   16.     Film losses  
   17.     Beneficiary not under any legal disability  
   18.     Liability of trustee  
   19.      
   20.     Purchase of mining or prospecting right or information  
   21.     Deduction of residual previous capital expenditure  
   22.     Deduction of residual capital expenditure  
   23.     Residual (1 May 1981 to 18 August 1981) capital expenditure  
   24.     Deduction of residual (1 May 1981 to 18 August 1981) capital expenditure  
   25.     Residual (19 August 1981 to 19 July 1982) capital expenditure  
   26.     Deduction of residual (19 August 1981 to 19 July 1982) capital expenditure  
   27.      
   28.     Deductions not allowable under other provisions  
   29.     Election in relation to expenditure incurred after 17 August 1976  
   30.     Purchase of prospecting or mining rights or information  
   31.     Deduction of residual previous capital expenditure  
   32.     Deduction of residual capital expenditure  
   33.     Deduction of residual (1 May 1981 to 18 August 1981) capital expenditure  
   34.     Residual (19 August 1981 to 19 July 1982) capital expenditure  
   35.     Deduction of residual (19 August 1981 to 19 July 1982) capital expenditure  
   36.      
   37.     Deduction of unrecouped previous capital expenditure  
   38.     Exploration and prospecting expenditure  
   39.     Double deductions  
   40.     Reduction of allowable deductions where certain declarations lodged  
   41.     Definitions  
   42.     Application of Division where deduction allowable under section 124ZAF or 124ZAFA  
   43.     Disposal of unit of industrial property where deduction allowable under section 124ZAF or 124ZAFA  
   44.     Interpretation  
   45.      
   46.     Election that Division not apply  
   47.     Deductions for capital expenditure under pre 13 January 1983 contracts  
   48.      
   49.     Expenditure of contributions  
   50.      
   51.     Allocation of contributions expended  
   52.     Variation of contracts  
   53.     Limitation of deductibility of revenue expenses  
   54.      
   55.     Rebate of tax for certain primary producers  
   56.     Amount of instalment of tax  
   57.     Estimated income tax  
   58.     Interpretation  
   59.     Employer not accounting for deductions  
   60.     Interpretation  
   61.     Amount of provisional tax  
   62.     Provisional tax on estimated income  
   63.     Additional tax where income underestimated  
   64.     Reduction of provisional tax  
   65.      
   66.      
   67.     Application of trust amendments  
   68.     Amendment of assessments