Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 295 - Taxation of superannuation entities  

Subdivision 295-I - No-TFN contributions  

SECTION 295-620  

295-620   No reduction under Subdivision 295-D  

There is no reduction of the amount of * no-TFN contributions income by Subdivision 295-D .

Note:

Subdivision 295-D can reduce an amount that would otherwise be included in assessable income. It does not reduce the amount of no-TFN contributions income . An amount is still no-TFN contributions income even if, because of Subdivision 295-D , the amount (or part of it) is not included in assessable income.