Income Tax Assessment Act 1997
CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE Division 43 - Deductions for capital works Subdivision 43-G - Undeducted construction expenditure SECTION 43-225 What this Subdivision is about
the number of years in which you can deduct amounts for your construction expenditure; and
the amount that you can deduct under section
if your area or a part is destroyed.
The undeducted construction expenditure for your area is the part of your construction expenditure you have left to write off. It is used to work out: