INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART III
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LIABILITY TO TAXATION
Division 3
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Deductions
Subdivision F
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Substantiation of certain expenses of years of income up to and including 1993-94
For the purposes of this Subdivision, the percentage that represents a reasonable estimate of the underlying business percentage applicable to a car held by a taxpayer during a period in a year of income shall be determined having regard to all relevant matters including, but without limiting the generality of the foregoing:
(a) any log book records, odometer records or other records maintained by or on behalf of the taxpayer; and
(b) any variations in the pattern of use of the car.
SECTION 82KTF
82KTF
REASONABLE ESTIMATE OF UNDERLYING BUSINESS PERCENTAGE
For the purposes of this Subdivision, the percentage that represents a reasonable estimate of the underlying business percentage applicable to a car held by a taxpayer during a period in a year of income shall be determined having regard to all relevant matters including, but without limiting the generality of the foregoing:
(a) any log book records, odometer records or other records maintained by or on behalf of the taxpayer; and
(b) any variations in the pattern of use of the car.
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